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PRES. TRUMP: THANK YOU VERY MUCH, EVERYONE BEFORE I BEGIN, I WOULD LIKE TO OFFER MY CONDOLENCES AND BEST WISHES TO THE PEOPLE ALL ACROSS OUR GREAT SOUTH, WHO HAVE ENDURED DEADLY TORNADOES AND OTHER SEVERE WEATHER TEXAS, LOUISIANA, MISSISSIPPI, ALABAMA, FLORIDA, GEORGIA, TENNESSEE, AND SOUTH CAROLINA MY ADMINISTRATION WILL DO EVERYTHING POSSIBLE TO HELP THOSE COMMUNITIES TO GET BACK ON THEIR FEET WE ARE SPEAKING WITH GOVERNORS FEMA IS ALREADY ON ITS WAY THEY GOT THERE AS SOON AS WE HEARD I SAID, GET OUT THERE YOU KNOW THE GREAT JOB THAT FEMA DOES IT IS REALLY SOMETHING, VERY SPECIAL WE JUST WANT TO SAY, WARMEST CONDOLENCES AND WE ARE WITH YOU ALL THE WAY IT IS A TOUGH DEAL THAT WAS A BAD LEVEL FIVE THAT IS AS BAD AS IT GETS THAT IS A BAD GROUPING OF TORNADOES THE POWER, THE HORRIBLE, DESTRUCTIVE POWER AMERICANS CONTINUE TO MAKE CRITICAL PROGRESS IN OUR WAR AGAINST THE VIRUS OVER THE WEEKEND, THE NUMBER OF DAILY NEW INFECTIONS REMAIN FLAT NATIONWIDE HOSPITALIZATIONS ARE SLOWING IN NEW YORK, NEW JERSEY, MICHIGAN, AND LOUISIANA, CLEAR EVIDENCE THAT OUR AGGRESSIVE STRATEGY IS WORKING AND AMERICANS ARE FOLLOWING THE GUIDELINES IT HAS BEEN INCREDIBLE WHAT THEY HAVE DONE YOU LOOKED AT THE CHARTS AND THE MODELS EARLY ON PREDICTIONS WERE 100000 AND 120,000 PEOPLE, IF THEY DID WELL THEY WERE GOING TO UNFORTUNATELY PERISH WE ARE GOING TO BE HOPE LEEWAY BELOW THAT NUMBER — HOPEFULLY WAY BELOW THAT NUMBER, A SIGN OF PEOPLE DOING THINGS RIGHT, BUT IT IS STILL A HORRIBLE THING ALL OVER THE WORLD 184 COUNTRIES THIS IS A TRIBUTE TO OUR WONDERFUL HEALTH CARE ADVISORS AND EXPERTS WHO HAVE BEEN WITH US FROM THE BEGINNING WE APPRECIATE IT SO MUCH DR. FAUCI IS HERE MAYBE I COULD ASK TONY TO SAY A FEW WORDS BEFORE WE GO ANY FURTHER TONY, PLEASE DR. FAUCI: JUST A COUPLE OF THINGS AND A COMMENT ABOUT SOMETHING THAT HAPPENED YESTERDAY YOU ARE GOING TO HEAR FROM DR BIRX ABOUT THE NUMBERS, HOW THINGS ARE STARTING TO BALANCE OUT EACH DAY I THINK WE ARE GOING TO SEE THAT I NEVER LIKE TO GET AHEAD OF MYSELF OR DR. BIRX, BUT IT LOOKS LIKE EVEN THOUGH WE HAD A BAD WEEK LAST WEEK — YOU REMEMBER I WAS SAYING THIS WAS REALLY A BAD WEEK — THERE IS STILL GOING TO BE A LOT OF DEATHS, BUT WE ARE STARTING TO SEE IN SOME AREAS A FLATTENING, PARTICULARLY IN A HOTSPOT LIKE NEW YORK THE SECOND THING IS I HAD A VERY PRODUCTIVE CONVERSATION WITH THE CONGRESSIONAL BLACK CAUCUS THIS MORNING FOR ABOUT AN HOUR THEY REALLY WANTED TO KNOW WHAT EXACTLY ARE WE DOING IN THE IMMEDIATE AS WELL AS THE LONG-RANGE ABOUT THE HEALTH DISPARITIES AND DISCREPANCIES IN INFECTION AND POOR OUTCOME IN MINORITIES, SPECIFICALLY AFRICAN-AMERICANS I MADE IT CLEAR THAT WE HAVE TO FOCUS ON GETTING RESOURCES WHERE THE VULNERABLE ARE AND GET TESTING DONE TO GET THE APPROPRIATE IDENTIFICATION, WHERE PROPER AND APPROPRIATE, TO ISOLATE AND CONTACT TRAYS IF WE CAN BUT ALSO TO HELP MITIGATE ON ON A COMMUNITY THAT IS SUFFERING MORE DISPROPORTIONATELY THE OTHER POINT I WANTED TO MAKE IS I HAD AN INTERVIEW YESTERDAY THAT I WAS ASKED A HYPOTHETICAL QUESTION HYPOTHETICAL QUESTIONS SOMETIMES CAN GET YOU INTO DIFFICULTY BECAUSE IT IS WHAT WOULD HAVE OR COULD HAVE THE NATURE OF THE HYPOTHETICAL QUESTION WAS IF IN FACT WE HAD MITIGATED EARLIER, COULD LIVES HAVE BEEN SAVED?

THE ANSWER WAS, AS I ALWAYS DO AND I AM DOING NOW, PERFECTLY HONESTLY, SAY YES OBVIOUSLY MEDICATION HELPS I HAVE BEEN UP HERE MANY TIMES TELLING YOU THAT MITIGATION WORKS IF MITIGATION WORKS AND YOU INITIATE IT EARLIER, YOU WILL PROBABLY HAVE SAVED MORE LIVES IF YOU INITIATE IT LATER, YOU PROBABLY WOULD HAVE LOST MORE LIVES YOU INITIATE IT AT A CERTAIN TIME THAT WAS TAKEN AS A WAY THAT SOMETHING WAS AT FAULT LET ME TELL YOU FROM MY EXPERIENCE — AND I CAN ONLY SPEAK FROM MY OWN EXPERIENCE WE HAD BEEN TALKING BEFORE ANY MEETINGS ABOUT THE PROS AND CONS , THE EFFECTIVENESS OR NOT OF STRONG MITIGATION DISCUSSIONS WERE GOING ON MOSTLY AMONG THE MEDICAL PEOPLE ABOUT WHAT THAT WOULD MEAN THE FIRST AND ONLY TIME THAT DR BIRX AND I FORMALLY MADE A RECOMMENDATION TO THE PRESIDENT TO ACTUALLY HAVE A QUOTE SHUT DOWN, NOT REALLY SHUT DOWN, BUT TO REALLY HAVE STRONG MITIGATION, WE DISCUSSED THAT OBVIOUSLY THERE WOULD BE CONCERNS BY SOME THAT MIGHT HAVE NEGATIVE CONSEQUENCES NONETHELESS, THE PRESIDENT LISTENED AND WENT TO THE MITIGATION THE NEXT, SECOND TIME THAT I WENT WITH DR. BIRX TO THE PRESIDENT AND SAID, 15 DAYS ARE NOT ENOUGH WE NEED TO GO 30 DAYS OBVIOUSLY THERE WERE PEOPLE WHO HAD A PROBLEM BECAUSE OF THE POTENTIAL SECONDARY EFFECTS NONETHELESS, AT THAT TIME THE PRESIDENT WENT WITH THE HEALTH RECOMMENDATIONS AND WE EXTENDED IT ANOTHER 30 DAYS I CAN ONLY TELL YOU WHAT I KNOW AND WHAT MY RECOMMENDATIONS WERE AS HAPPENS ALL THE TIME, THERE WERE INTERPRETATIONS OF THAT RESPONSE TO A HYPOTHETICAL QUESTION I THOUGHT IT WOULD BE NICE FOR ME TO CLARIFY BECAUSE I DID NOT HAVE A CHANCE TO CLARIFY >> [INAUDIBLE] DR. FAUCI: I DON’T EVEN REMEMBER WHAT THE DATE WAS THE FIRST AND ONLY TIME I SAID WE SHOULD DO MITIGATION STRONGLY , THE RESPONSE WAS WE WILL DO IT >> WHAT DID HE DO? THE TRAVEL RESTRICTION? DR. FAUCI: THE TRAVEL RESTRICTION IS SEPARATE THAT WAS WHETHER WE WANTED TO GO INTO 15 DAYS OF MITIGATION THE TRAVEL WAS ANOTHER RECOMMENDATION WE SAID WE PROBABLY SHOULD BE DOING THAT AND THE ANSWER WAS YES ANOTHER TIME WAS WE SHOULD DO IT WITH EUROPE AND THE ANSWER WAS YES NEXT THE U.K. AND THE ANSWER WAS YES >> YOU SAID THERE WAS PUSHBACK WHERE DID THAT PUSHBACK COME FROM? DR. FAUCI: THAT WAS THE WRONG CHOICE OF WORDS WHEN PEOPLE DISCUSS, NOT NECESSARILY IN FRONT OF THE PRESIDENT, THEY SAY THIS IS GOING TO HAVE A HARMFUL EFFECT ON THIS OR THAT IT WAS NOT ANYBODY SAYING YOU SHOULD NOT DO THAT >> ARE YOU DOING THIS VOLUNTARILY? DR. FAUCI: EVERYTHING I DO IS VOLUNTARY, PLEASE DON’T EVEN IMPLY THAT PRES. TRUMP: THE TRAVEL BAN WAS DONE EARLIER IF YOU LOOK AT STATISTICS — I HAVEN’T TO WRITE A COUPLE OF THEM DOWN — I HAPPENED TO WRITE A COUPLE OF THEM DOWN ON JANUARY 26, THE CDC ISSUED A TRAVEL NOTICE FOR WUHAN, CHINA, BEFORE THERE WAS EVEN A CONFIRMED CASE OF THE VIRUS IN THE UNITED STATES THIS IS JANUARY 6, ALL DOCUMENTED BECAUSE WE HAVE SO MUCH FAKE NEWS, I LIKE TO DOCUMENT THINGS JANUARY 6, LONG BEFORE THE DATES WE ARE TALKING ABOUT, THE CDC ISSUED A TRAVEL NOTICE TO WUHAN ON JANUARY 11, WE HAVE ZERO CASES IN THE UNITED STATES THERE ARE NO CASES REPORTED THAT WE KNOW OF THE CDC ISSUED A LEVEL 1 TRAVEL NOTICE WHILE THERE WERE STILL NO CAN EARN CASES — STILL NO CONFIRMED CASES PEOPLE WANT ME TO ACT I AM SUPPOSED TO CLOSE DOWN THE GREATEST ECONOMY IN THE HISTORY OF THE WORLD AND WE DON’T HAVE ONE CASE CONFIRMED IN THE UNITED STATES ON JANUARY 17, THE CDC BEGAN IMPLEMENTING PUBLIC HEALTH ENTRY SCREENINGS AT THREE MAJOR U.S AIRPORTS THAT RECEIVE THE GREATEST AMOUNT OF PASSENGERS FROM WUHAN, AT MY INSTRUCTIONS THERE WAS NOT A SINGLE CASE OF CORONAVIRUS IN THE UNITED STATES ON JANUARY 17, THERE WAS NOT A CASE THE FAKE NEWS IS SAYING, OH, HE DID NOT ACT FAST ENOUGH WHEN I DID ACT, I WAS CRITICIZED BY NANCY PELOSI, SLEEPY JOE

BIDEN, EVERYBODY I WAS CALLED XENOPHOBIC I WAS ASKING — I WAS ASKING BIDEN TO PLEASE DEFINE THAT FOR ME AND BY THE MEDIA, DEFINITELY ON JANUARY 21, LONG BEFORE THE TIME WE ARE TALKING TONY IS TALKING ABOUT THE END OF FEBRUARY JANUARY 21, STILL EARLY, THERE WAS ONE CASE OF THE VIRUS AT THAT TIME AT THAT TIME WE CALLED IT THE WUHAN VIRUS IN THE WHOLE UNITED STATES WE HAD ONE CASE THIS IS DOCUMENTED AND A LOT OF IT COMES FROM YOU PEOPLE ON JANUARY 20 ONE THE CDC ACTIVATED AN EMERGENCY OPERATION CENTER THAT WAS JUST ONE CASE THAT IS WHY THAT ADD WAS — AD WAS SUCH A PHONY THEY SAID THERE WAS ONE CASE IN THE WHOLE UNITED STATES I AM SUPPOSED TO SHUT DOWN THE GOVERNMENT, THE BIGGEST ECONOMY IN THE HISTORY OF THE WORLD, SHUT IT DOWN AND WE HAVE ONE CASE? SEVEN CASES WERE ON JANUARY 31 JANUARY 21 THERE WAS A CASE — NOT ONE PERSON DIED NOT ONE PERSON SO WE HAVE THIS MASSIVE COUNTRY, THE UNITED STATES OF AMERICA, WE HAVE THE GREATEST ECONOMY IN THE WORLD, GREATER THAN CHINA’S BY A LOT BECAUSE WHAT WE HAVE DONE OVER THE PAST THREE AND A HALF YEARS, PRIOR TO THE VIRUS, BUT INCLUDING THE VIRUS WE HAD THE BIGGEST ECONOMY, GREATEST ECONOMY, TEST EMPLOYMENT NUMBERS, TEST UNEMPLOYMENT NUMBERS, — THE BEST UNEMPLOYMENT NUMBERS AND BEST EMPLOYMENT NUMBERS NOT ONE PERSON DIED THIS IS REPORTED BY CDC, CONFIRMED BY THE NEWS, WHICH DOES NOT MEAN ANYTHING TO ME BECAUSE THEY DO NOT TELL THE TRUTH THE CDC REPORTED JANUARY 31 NOT ONE PERSON DIED AND I ISSUED A TRAVEL RESTRICTION FROM CHINA THINK OF IT, NOBODY DIED AND I ISSUED IT YOU CANNOT GET EARLIER THAN THAT NOBODY DIED AND I SAID CHINA, YOU CANNOT COME IN, I AM SORRY, BECAUSE I SAW WHAT WAS GOING ON IT WAS NOT SO MUCH WHAT I WAS TOLD, I SAW WHAT WAS GOING ON AND I DID NOT LIKE IT I DID NOT SPEAK TO TONY ABOUT IT, DID NOT SPEAK TO MANY PEOPLE ABOUT IT SO WHAT DID I DO? JANUARY 31 IN THE UNITED STATES, NOT ONE PERSON HAD DIED BECAUSE OF THE, AGAIN, THE WUHAN VIRUS SO I ISSUED TRAVEL RESTRICTIONS ON THAT DAY EVEN THOUGH NOBODY DIED AND I GOT BRUTALIZED OVER IT BY THE PRESS BECAUSE I WAS WAY TOO EARLY, I SHOULD NOT HAVE DONE IT, BRUTALIZED BY THE PRESS, BUT I HAVE BEEN BRUTALIZED THE PAST FOUR YEARS I GUESS I AM DOING OK BECAUSE TO THE BEST OF MY KNOWLEDGE I AM THE PRESIDENT OF THE UNITED STATES, DESPITE THE THINGS THAT ARE SAID FIRST MANDATORY QUARANTINE IN MORE THAN 50 YEARS, THE SAME RESTRICTIONS THE DEMOCRATS AND THE MEDIA CALLED XENOPHOBIC JOE BIDEN SAID HE IS A RACIST HE CALLED ME A RACIST BECAUSE I SAID THAT WE ARE SHUTTING DOWN ENTRY FROM CHINA, WE ARE SHUTTING IT DOWN HE CALLED ME XENOPHOBIC AND HE CALLED ME A RACIST AND OTHER THINGS SINCE THEN, ON A FRIDAY NIGHT TWO WEEKS AGO, JOE BIDEN ISSUED — HE DID NOT WRITE IT, I AM SURE HE DOES NOT KNOW IT WAS ISSUED, BUT THE PEOPLE FROM HIS CAMPAIGN, IT WAS SMART, PEOPLE WHO WRITE PR RELEASES ARE REASONABLY SMART THEY ISSUED A STATEMENT SAYING JOE BIDEN AGREES PRESIDENT TRUMP WAS RIGHT TO CLOSE IT DOWN TO CHINA HE ISSUED IT ON FRIDAY NIGHT IN FACT, HIS WAS LATER FRIDAY NIGHT THAN I EVER RELEASED MINE ON FRIDAY NIGHT HE DID IT PRETTY LATE, LIKE 11:00 IN THE EVENING IN FEBRUARY, NANCY PELOSI SAID WE SHOULD COME TO CHINA’S — COME TO CHINATOWN, WE THINK IT IS SAFE, LET’S ALL HAVE A BIG PARADE, CHINATOWN PARADE PROBABLY REFERRING TO SAN FRANCISCO BUT I TOOK THIS ACTION EARLY

SO THE STORY IN THE NEW YORK TIMES WAS A TOTAL FAKE IT IS A FAKE NEWSPAPER AND THEY WRITE FAKE STORIES SOMEDAY, HOPEFULLY IN FIVE YEARS WHEN I AM NOT HERE, THOSE PAPERS ARE OUT OF BUSINESS BECAUSE NOBODY WILL WANT TO READ THEM BUT NOW THEY LIKE THEM BECAUSE THEY WRITE ABOUT ME I HAVE A COUPLE INTERESTING — WE HAVE A FEW CLIPS WE ARE GOING TO PUT UP WE COULD TURN THE LIGHTS A LITTLE LOWER I THINK YOU’LL FIND THEM INTERESTING THEN WE WILL ANSWER SOME QUESTIONS AND I WILL ASK YOU SOME QUESTIONS BECAUSE YOU ARE SO GUILTY, BUT FORGET IT MOST IMPORTANTLY, WE WILL GET TO THE REASON WE ARE HERE, WHICH IS THE SUCCESS WE ARE HAVING PLEASE, IF YOU COULD PUT IT UP THANK YOU [VIDEO CLIP] >> PEOPLE SHOULD BE CONCERNED ABOUT THE FLU AND THIS COUNTRY >> CORONAVIRUS PEOPLE ARE CONCERNED ABOUT THE CORONAVIRUS, THE REALITY IS, COMPARING IT TO THE FLU, IT IS NOT AT THAT STAGE >> WHAT IF IT IS WORSE? COULD COUNTRIES PUT POLITICS ASIDE, PRIDE ASIDE? SHOULD U.S. OFFICIALS, PROFESSIONAL SUCH AS YOURSELF GET INVOLVED? (>>) HOW WORRIED SHOULD AMERICANS BE ABOUT CORONAVIRUS? (>>) CORONAVIRUS IS NOT A MAJOR ISSUE IN THE UNITED STATES ♪ (>>) WE HAVE ASKED THEM TO ACCELERATE WHATEVER THEY ARE DOING IN TERMS OF A VACCINE WE WILL BE SUSPENDING ALL TRAVEL FROM EUROPE TO THE UNITED STATES FOR THE NEXT 30 DAYS TO UNLEASH THE FULL POWER OF THE FEDERAL GOVERNMENT, I AM OFFICIALLY DECLARING A NATIONAL EMERGENCY MEDICARE PATIENTS CAN VISIT ANY DOCTOR BY PHONE OR VIDEOCONFERENCE AT NO ADDITIONAL COST (>>) THE FIRST ONE MILLION MASKS WILL BE MADE AVAILABLE IMMEDIATELY (>>) AS THERE WERE MORE CASES AND IT WAS CLEAR IT WAS SPREADING OUT OF CHINA WHERE IT ORIGINATED, THE PRESIDENT TOOK THIS MOVE WHICH WAS WIDELY CRITICIZED BY DEMOCRATS AND EVEN SOME REPUBLICANS AT THE TIME, WHICH WAS HE HALTED A NUMBER OF FLIGHTS FROM CHINA INTO THE U.S THE IDEA WAS TO HALT THE SPREAD OF THE DISEASE, KEEP TRANSMISSIONS TO A MINIMUM HE WAS ACCUSED OF XENOPHOBIA, HE WAS ACCUSED OF MAKING A RACIST MOVE AT THE END OF THE DAY, IT WAS PROBABLY EFFECTIVE BECAUSE IT DID TAKE A PRETTY AGGRESSIVE MEASURE AGAINST THE SPREAD OF THE VIRUS (>>) HIS TEAM IS ON IT, THEY HAVE BEEN RESPONSIVE, LATE AT NIGHT, EARLY IN THE MORNING THEY HAVE THUS FAR BEEN DOING EVERYTHING THEY CAN DO AND I WANT TO SAY THANK YOU AND THAT I APPRECIATE IT (>>) HE RETURNS CALLS, REACHES OUT, HE HAS BEEN PROACTIVE WE GOT THAT MERCY SHIP DOWN HERE IN LOS ANGELES THAT IS DIRECTLY BECAUSE HE SENT IT DOWN HERE, 10,000 MEDICAL UNITS CAME TO THE STATE OF CALIFORNIA, THESE FMS, FIELD MEDICAL STATIONS THAT HAS BEEN VERY HELPFUL (>>) THE PRESIDENT HAS BEEN OUTSTANDING THROUGHOUT THIS THE VICE PRESIDENT HAS BEEN OUTSTANDING MEMBERS OF THE CORONAVIRUS TASK FORCE, VERY RESPONSIVE (>>) WE HAVE BEEN ASKED OF NEW JERSEY CAN BE — HAVE A PIECE OF THE BEDS ON THE U.S.N.S. COMFORT AND THE PRESIDENT CALLED ME TO SAY INDEED THEY WOULD GRANT THAT TO NEW JERSEY THAT IS A BIG STEP FOR US IN ADDITION TO ALL THE OTHER CAPACITY THAT NEWS IS LITERALLY HOT OFF THE PRESS AND I THINK THE PRESIDENT AND VICE PRESIDENT WHO WERE ON THE CALL TOGETHER (>>) PRESIDENT TRUMP APPROVED ARIZONA’S REQUEST FOR A MAJOR DISASTER DECLARATION I WANT TO THANK THE PRESIDENT FOR A QUICK TURNAROUND WE REQUESTED THIS ON A WEDNESDAY AND WE HAD APPROVAL I SATURDAY MORNING AND — BY SATURDAY MORNING WE ARE GRATEFUL FOR THEIR CONTINUED SUPPORT AND RESPONSIVENESS (>>) I WANT TO THINK THE PRESIDENT AND VICE PRESIDENT FOR DOING A GOOD JOB COMMUNICATING WITH ALL THE GOVERNORS [END VIDEO CLIP] PRES. TRUMP: WE COULD GIVE YOU HUNDREDS OF CLIPS LIKE THAT FROM GOVERNORS INCLUDING DEMOCRAT GOVERNORS WE COULD GIVE YOU HUNDREDS OF CLIPS JUST LIKE THAT WE HAVE THEM WE DID NOT WANT THIS TO GO ON TOO LONG, BUT I WANTED TO SAY IT IS VERY SAD WHEN PEOPLE WRITE FALSE STORIES LIKE IN THAT CASE I GUESS IT WAS MOSTLY FROM THE NEW YORK TIMES, WHICH IS A HIGHLY — IF YOU HAD LIABLE LAWS — LIBEL LAWS, THEY WOULD HAVE GONE OUT OF BUSINESS

YOU SAW THE STATEMENTS WE HAVE HUNDREDS OF STATEMENTS, INCLUDING FROM DEMOCRATS AND DEMOCRAT GOVERNORS IF YOU LOOK THEY WERE SAYING, WE NEED VENTILATORS HEAR VENTILATORS — YOU DO NOT HEAR VENTILATORS ANYMORE IN ALL FAIRNESS THESE TWO PEOPLE HERE, DR. BIRX, DR. FAUCI, THEY SAID, I DO NOT THINK THEY NEED THAT MANY VENTILATORS I AGREE AT ONE POINT NEW YORK ASKED FOR 40,000 VENTILATORS THAT IS MORE THAN THEY HAVE ALL OVER THE COUNTRY WE GOT THEM A LOT OF VENTILATORS AND NO ONE HAS COMPLAINED WE GOT THEM, AS YOU KNOW, BEAUTIFUL WE BUILT HOSPITAL ROOMS ALL OVER THE COUNTRY THE GOVERNOR OF LOUISIANA, JOHN BEL EDWARDS, SAID YOU DO NOT HAVE TO BUILD A SECOND HOSPITAL GOOD NEWS, THEY ARE NOT ABLE TO FILL THE BEDS THEY NEEDED TWO HOSPITALS WE BUILT ONE, WE WERE JUST STARTING ANOTHER DO WE NEED TO BUILD A SECOND ONE? HE GOT BACK, WE DID NOT NEED IT GOVERNOR CUOMO, IN GOOD SPIRIT AND IN GOOD FAITH, HE WANTED THE JAVITS CENTER DONE AND WE BUILT 2900 INCREDIBLE BEDS THEN WE MADE IT COVID-19, WHICH WAS A LOT OF WORK WE HAD TO CHANGE THE DUCTWORK, SEAL OFF CERTAIN AREAS, PUT ROOFTOP THINGS OVER THE BEDS WE DID A LOT OF WORK, BUT THEY NEVER HAD TOO MUCH USE FOR IT MAYOR DE BLASIO SAID, WOULD IT BE POSSIBLE TO GET MORE MEDICAL HELP? NOW NOT ONLY ARE WE BUILDING FACILITIES, THEY ARE ASKING US TO HELP BECAUSE THEY ARE UNABLE TO MAN IT WE GOT HIM TO HELP, WE GOT MAYOR DE BLASIO A LOT OF HELP WHEN THE JAVITS CENTER WAS NOT USED MUCH, AND THE MERCY, WE TOOK THE COMFORT, AND WE MADE THEM BOTH, LOS ANGELES AND NEW YORK, COVID-ADAPTABLE, WHICH WAS NOT EASY WE DID NOT GET ALMOST ANY PEOPLE SENT THERE THEY DID NOT NEED THEM AT THE BEGINNING BECAUSE THERE WERE FEWER ACCIDENTS WHAT WE DID WAS INCREDIBLE, BUT THEY DID NOT NEED THEM TURNED OUT THEY WERE THERE AND READY THEY HAVE AN EXPRESSION, READY, WILLING AND ABLE WE WERE READY, WILLING AND ABLE WHAT THE ARMY CORPS OF ENGINEERS DID WAS INCREDIBLE WHAT FEMA DID WAS INCREDIBLE, WHAT THE DOCTORS DID I GOT A CALL A FEW DAYS AGO FROM THE MAYOR OF NEW YORK COULD YOU HELP US EVEN MORE WITH MEDICAL PERSONNEL? I THINK IT WAS 448 DOCTORS, NURSES AND RESPIRATORY EXPERTS I GOT A CALL FROM THE MAYOR AND HE SAID I WANT TO TELL YOU, THESE PEOPLE ARE INCREDIBLE THEY LIFTED THE SPIRITS OF THE HOSPITAL WORKERS FROM NEW YORK CITY LIKE NOTHING I HAVE SEEN IT WAS UNBELIEVABLE, REALLY APPRECIATED I LET THEM KNOW THAT, THE MILITARY PEOPLE THEY WENT IN, SO BRAVE, INCREDIBLE THEY LIFTED THE SPIRITS OF EVERYBODY WE DID ALL THIS WORK, BUT WHEN YOU READ THE PHONY STORIES NOBODY ACKNOWLEDGES THIS IT DOES NOT HAVE TO BE ACKNOWLEDGED FROM MY STANDPOINT, BUT IT DOES HAVE TO BE ACKNOWLEDGED FROM THE GREAT WORK THESE DOCTORS, NURSES, THE ARMY CORPS OF ENGINEERS, FEMA, ALL THESE PEOPLE HAVE DONE AN INCREDIBLE JOB AND THEY SHOULD NOT BE ABUSED YOU TAKE A LOOK AT WHAT HAS HAPPENED NOBODY IS ASKING FOR VENTILATORS EXCEPT OUTSIDE OF OUR COUNTRY OUTSIDE OF OUR COUNTRY, THEY ARE CALLING ME, SO MANY COUNTRIES I WANT TO HELP THEM BECAUSE WE HAVE THOUSANDS BEING BUILT BUT NOBODY IS ASKING FOR VENTILATORS, NOBODY IS ASKING FOR BEDS BECAUSE WE BUILT 20,000 BEDS IN A PERIOD OF A COUPLE WEEKS THE JOB THEY HAVE DONE IS INCREDIBLE THAT SAID I AM GETTING ALONG WELL WITH THE GOVERNORS MIKE PENCE HAD A CALL TODAY WITH GOVERNORS AND IT WAS LIKE A 10 HE USED ONE OF MY EXPRESSIONS, HE SAID IT WAS LEICA 10 I AM SURE YOU GUYS WERE ON THE CALL THOUGH YOU ARE NOT SUPPOSED TO BE, IN SOMEBODY’S OFFICE LISTENING FOR WEEKS THOSE CALLS HAVE BEEN VERY GOOD BUT THERE WAS NOT A RAISED VOICE, NOT EVEN A STATEMENT LIKE WE THINK YOU SHOULD DO THIS IT WAS JUST A PERFECT PHONE CALL IT MIGHT NOT BE REPORTED THAT WAY I THOUGHT THAT SOMEBODY MAY BE

SLIGHTLY — DID NOT EVEN RAISE A VOICE I WANT TO GET BACK TO WHY WE ARE HERE THE PRESS HAS NOT TREATED THESE INCREDIBLE PEOPLE WHO HAVE DONE SUCH A GREAT JOB FAIRLY WE WERE WAY AHEAD OF SCHEDULE REMEMBER THIS BECAUSE THE TIMES STORY WAS A FAKE EVERYTHING WE DID I WAS CRITICIZED BECAUSE I WAS TOO EARLY IF I WAITED LONGER, IF I WENT WAY EARLIER, THREE MONTHS EARLIER, I WOULD’VE BEEN CRITICIZED WITH ALL OF THAT BEING SAID, WE UNDERSTAND IT I HAVE EDUCATED A LOT OF PEOPLE AS TO THE PRESS I WOULD LOVE TO SAY WE HAVE AN HONEST PRESS THERE WOULD BE NOTHING I WOULD BE MORE PROUD OF IF THE PRESS WOULD WORK I DO NOT MIND BEING CRITICIZED, BUT NOT WHEN THEY ARE WRONG, NOT WHEN PEOPLE HAVE DONE A GREAT JOB >> I HAVE NEVER SEEN A VIDEO LIKE THAT PLAYED IN THIS ROOM IT LOOKED A BIT LIKE A CAMPAIGN AD WHO PRODUCED THAT? PRES. TRUMP: A GROUP IN THE OFFICE WE JUST PUT SOME CLIPS TOGETHER I WILL BET YOU I HAVE OVER 100 MORE CLIPS EVEN BETTER, THEY WERE JUST PIECED TOGETHER OVER THE LAST TWO HOURS THAT IS NOTHING COMPARED TO SOME >> THIS WAS PRODUCED HERE IN THE WHITE HOUSE? PRES. TRUMP: BY DAN AND A COUPLE PEOPLE, PUT TOGETHER IN A PERIOD OF LESS THAN TWO HOURS >>? WHY? PRES. TRUMP: BECAUSE WE HAVE FAKE NEWS AND I WANT TO CORRECT IT WE HAVE THE GOVERNORS OF CALIFORNIA, NEW JERSEY, NEW YORK IN NEW YORK WE WORKED VERY CLOSE WITH ANDREW VENTILATORS WERE GOING TO BE A PROBLEM, THEY DID NOT HAVE A PROBLEM THEY GOT TREMENDOUS NUMBERS OF VENTILATORS BEDS WERE GOING TO BE A PROBLEM I AM HAPPY ABOUT IT THE JAVITS CENTER IS ALMOST EMPTY BECAUSE THEY DO NOT NEED THEM WE BROUGHT IN THE BOAT, THE HELPERS, THE COMFORT IT WAS ORIGINALLY NOT SUPPOSED TO BE FOR THIS, THE CORONAVIRUS THEY CALLED AND SAID, COULD WE HAVE IT A NUMBER OF WEEKS AGO IF YOU NEED IT WE WILL DO IT THEN THEY SAID COULD YOU GET MEDICAL PERSONNEL TO RUN THE JAVITS CENTER? COULD YOU GET MEDICAL PERSONNEL TO RUN THE SHIP? IF IT IS NECESSARY, WE WILL THERE WERE MEDICAL PERSONNEL, THE ONES MAYOR DE BLASIO MADE IN HIS STATEMENT SPIRIT HE WAS SO IMPRESSED WITH THEM AND I AM, TOO THE LEVEL OF GENIUS AND BRAVERY, THEY ARE GREAT PEOPLE, THE MILITARY PEOPLE WE PIECED THAT TOGETHER I WOULD SAY IT TAKES — TOOK LESS THAN TWO HOURS >> THIS WAS PRODUCED BY GOVERNMENT EMPLOYEES, PEOPLE AT THE WHITE HOUSE, THIS CAMPAIGN-STYLE — PRES. TRUMP: I WOULD NOT SAY PRODUCED, I WOULD SAY CLIPS THAT IS TO KEEP YOU HONEST I DO NOT THINK IT WILL WORK, HAVE ANY IMPACT YOU HEARD THE CLIPS, HEARD WHAT I SAID THEY SET I ACTED LATE ON CLOSING DOWN THE COUNTRY? SOME PEOPLE WISHED WE NEVER CLOSED IT DOWN IF WE DID NOT, WE WOULD HAVE LOST HUNDREDS OF THOUSANDS OF PEOPLE EVERYTHING WE DID WAS RIGHT >> YOU THINK EVERYTHING YOU DID WAS RIGHT? PRES. TRUMP: GOVERNORS SHOULD HAVE HAD VENTILATORS, THEY CHOSE NOT TO HAVE THEM WE CHOSE TO GET THEM VENTILATORS THEY GOT THE VENTILATORS THE SURGE IS SUPPOSED TO BE COMING NOW IF THEY DO NEED VENTILATORS, WE HAVE ALMOST 10,000 THAT ARE READY TO ROCK WE HAVE PEOPLE STANDING WITH THOSE VENTILATORS RIGHT NOW IF YOU NEEDED 2000 IN NEW YORK, WHICH YOU DON’T, BUT IF YOU DID, WE COULD HAVE THEM HERE IN LESS THAN 24 HOURS THIS WAS A GREAT MILITARY AND BEYOND OPERATION WE SHOULD GET BACK TO THE REGULAR WE COULD TALK ABOUT THIS, BUT ALL I AM DOING IS THIS THOSE ARE FOUR OR FIVE CLIPS I PLAYED FOR YOU I COULD HAVE GIVEN YOU HUNDREDS OF PEOPLE — GAVIN WAS ON TELEVISION TWO DAYS AGO WITH ONE OF YOUR COMPETITORS, SINGING PRAISES THE QUESTION WAS ASKED IN A NEGATIVE WAY HE SAID LOOK, I KNOW WHAT YOU WANT ME TO SAY, BUT HE HAS BEEN REALLY GOOD IT IS HARD FOR ME TO SAY THAT, IN FACT, IT IS IMPOSSIBLE FOR ME TO SAY THAT, GAVIN NEWSOM, THE GOVERNOR OF CALIFORNIA I HAVE CLIPS FROM ANTHONY THAT I DID NOT WANT TO PUT UP WHICH WERE REALLY GOOD I THINK ANTHONY WOULD BE THE

FIRST TO SAY, WHEN I CLOSED THE COUNTRY TO CHINA, WHEN I CLOSED — THE CHINA BAN, ANTHONY SAID I SAVED A LOT OF LIVES BY DOING THAT AM I CORRECT? I DO NOT WANT TO PUT WORDS IN ANTHONY’S MOUTH SOMEONE SAID THEY THOUGHT I WAS GOING TO FIRE HIM I AM NOT GOING TO FIRE HIM >> [INDISCERNIBLE] PRES. TRUMP: I RETWEETED SOMEBODY WHO SAID “FIRE.” >> YOU RETWEETED IT EVEN THOUGH IT SAID “TIME TO FIRE.” PRES. TRUMP: I WAS CALLED ABOUT THAT, I SET I AM NOT FIRING YOU ASK YOUR FRIENDS IN THE OFFICE, THE PUBLIC RELATIONS OFFICE, I WAS IMMEDIATELY CALLED UPON THAT I SAID NO, I LIKE HIM, HE IS TERRIFIC NOT EVERYBODY IS HAPPY WITH ANTHONY, NOT EVERYBODY IS HAPPY WITH EVERYBODY I WILL TELL YOU WE HAVE DONE A JOB THE LIKES OF WHICH NOBODY HAS DONE THE MOBILIZATION, GETTING OF EQUIPMENT NOBODY HAS EVER DONE A JOB LIKE THIS WE HAVE 50 GOVERNORS AND TERRITORIES, BY THE WAY 50 GOVERNORS AND TERRITORIES AND MANY OF THOSE GOVERNORS ARE DEMOCRATS AND THEY CANNOT FIND ANYTHING TO COMPLAIN ABOUT HONESTLY, MANY OF THEM DID NOT DO THEIR JOBS I MAY LET YOU KNOW WHO IS NOT DOING THEIR JOB I CAN TELL YOU WHO IS DOING GOOD, REPUBLICANS AND DEMOCRATS, AND THE ONES WHO DO NOT NOR — DO NOT KNOW WHAT THEY ARE DOING THEY SHOULD HAVE HAD THEIR OWN STOCKPILES IF THEY WANT WE CAN BUILD THEM STOCKPILES OF VENTILATORS THE HARDEST THING IS A VENTILATOR BECAUSE IT IS EXPENSIVE AND TAKES A WHILE TO GET WE GOT THEM AND NOBODY BELIEVED WE DID MANY GOVERNORS WERE ASKING FOR FAR TOO MANY WE TALKED AND SAID, YOU SAID VERY STRONGLY THEY DO NOT NEED THEM AND DO NOT NEED THAT MANY BEDS >> YOU AND DR. FAUCI ON THE SAME PAGE? PRES. TRUMP: YES, WE HAVE BEEN SINCE THE BEGINNING IF I PUT SOMEBODY’S OPINION UP I DO NOT MIND CONTROVERSY I THINK CONTROVERSY IS A GOOD THING, NOT A BAD THING BUT I WANTED TO BE HONEST CONTROVERSY I GOT A CALL — NOT VERY QUICKLY, NOBODY SAW IT AS ANY BIG DEAL, THEY SAID HOW ARE YOU DOING WITH DR. FAUCI? I SAID, I AM DOING GREAT DR. FAUCI ASKED ONE OF THE PEOPLE IF HE COULD GET UP AND SPEAK AND HE DID AND THEY TOTALLY MISINTERPRETED HIM >> HE SAID THE QUESTION WAS HYPOTHETICAL BUT HE WAS ACKNOWLEDGING LIVES HAD BEEN SAVED — MORE LIVES WOULD HAVE BEEN SAVED IN MITIGATION PRACTICES HAD BEEN PUT INTO PLACE EARLIER THAT SEEMS OBVIOUS PRES. TRUMP: BUT HOW COULD YOU HAVE DONE IT? HOW DO YOU CLOSE IT UP, YOU HAVE NO DEATHS AND NO CASES JANUARY 11* — 11? DOCOTO –DOCTOR, WOULD YOU RECOMMEND CLOSING THE UNITED STATES OF AMERICA? HOW MANY DEATHS DO WE HAVE? NONE 10 DAYS BEFORE I DID THE BAN — I DID A BAN ON CHINA, YOU THINK THAT WAS EASY? THEN I DID A BAN ON EUROPE AND MANY SAID IT WAS AN INCREDIBLE THING TO DO BECAUSE YOU LOOK AT SPAIN WE ARE DOING VERY WELL BECAUSE WHEN YOU LOOK AT THOSE FLAT GRAPHS AND ADDED UP, THE UNITED STATES IS — ADD IT UP, THE UNITED STATES IS DOING WELL JANUARY 6, NO DEATHS, JANUARY 11, NO DEATHS JANUARY 21, NO CASES, NO DEATHS >> IN THE MIDDLE OF MARCH, COULD YOU CLOSED IT EARLIER? PRES. TRUMP: I CLOSED IT DOWN FROM CHINA BY THE WAY, SOME PEOPLE THINK I SHOULD HAVE WAITED LONGER AND MAYBE RIDDEN IT OUT I DISAGREE IT WAS AN ALTERNATIVE I WILL GIVE YOU THE GOOD NEWS IF I WOULD HAVE DONE THAT, IT WOULD HAVE BEEN CATASTROPHIC BECAUSE THE NUMBERS ARE 1.6 TO 22 — 2.2 MILLION PEOPLE WOULD HAVE DIED CUT IT IN HALF DO NOT SAY 2.2 SAY ONE MILLION PEOPLE DIED, THAT IS MUCH MORE THAN THE CIVIL WAR CUT THAT IN HALF, 500,000 PEOPLE WOULD HAVE DIED THAT NUMBER WE WOULD HAVE REACHED THAT WOULD HAVE BEEN EASY TO REACH IF WE DID NOTHING, SO WE DID THE RIGHT THING AND OUR TIMING WAS VERY GOOD

BUT HERE IS THE ONE THING AND YOU HAVE TO SAY THIS, WHEN YOU ASK ME WHY DID YOU DO THIS? HOW COME WHEN I DID THE BAN ON CHINA AND INSTITUTED VERY TOUGH THINGS, HOW COME NANCY PELOSI A MONTH LATER IS IN CHINATOWN SAYING, LET’S MARCH, THIS IS NOT GOING TO HAPPEN? HOW COME WE HAVE EXPERTS FROM CNN AND OTHER NETWORKS, MANY OTHER PLACES, ALL SAYING, HE DOES NOT NEED TO DO IT? ALL I AM SAYING IS THIS, HOW DO YOU CLOSE DOWN THE GREATEST ECONOMY IN THE HISTORY OF THE WORLD WHEN ON JANUARY 17 YOU HAVE NO CASES AND NO DEATHS? WHEN ON JANUARY 21 YOU HAVE ONE CASE AND NO DEATHS? I AM SUPPOSED TO CLOSE DOWN THE COUNTRY? JANUARY 31 I INSTITUTED THE BAN AND JOE BIDEN WENT CRAZY AND SAID YOU DO NOT NEED THE BAN HE DID NOT EVEN KNOW WHAT THE BAN WAS, SO HE DID NOT GO CRAZY HE DID CALL ME XENOPHOBIC, HE CALLED ME A RACIST BECAUSE — HE HAS SINCE APOLOGIZED AND SAID I DID THE RIGHT THING EVERY DEMOCRAT THOUGHT I MADE A MISTAKE I SAVED TENS OF THOUSANDS, MAYBE HUNDREDS OF THOUSANDS OF LIVES >> THE ARGUMENT IS YOU BOUGHT YOURSELF A TIME BUT DID NOT PREPARE HOSPITALS OR RAMP UP TESTING PRES. TRUMP: IT IS SO DISGRACEFUL THE WAY YOU SAY THAT LISTEN, I JUST WENT OVER IT >> [INDISCERNIBLE] UNPRECEDENTED CRISIS PRES. TRUMP: NOBODY THOUGHT WE SHOULD DO IT AND WHEN I DID IT — >> WHAT DID YOU DO WITH THE TIME YOU BOUGHT? PRES. TRUMP: WHAT DO YOU DO WHEN YOU HAVE NO CASES IN THE WHOLE UNITED STATES? YOU REPORTED IT ZERO CASES, ZERO DEATHS ON JANUARY 17 >> WHAT DID YOUR ADMINISTRATION DUE IN FEBRUARY FROM THE TIME OF THE TRAVEL BAN? PRES. TRUMP: A LOT AND WE WILL GIVE YOU A LIST WE DID A LOT YOU KNOW YOU ARE A FAKE, YOU KNOW THAT, YOUR WHOLE NETWORK, THE WAY YOU COVER IT IS FAKE NOT ALL OF YOU, BUT THE PEOPLE ARE WISE TO YOU, THAT IS WHY YOU HAVE A LOWER APPROVAL RATING THEN YOU HAVE HAD BEFORE TIMES PROBABLY THREE LET ME ASK YOU THIS WHY DID BIDEN APOLOGIZE? WHY DID HE WRITE A LETTER OF APOLOGY? >> IT IS NOT IMPORTANT PRES. TRUMP: WHY DID THE DEMOCRATS THINK I ACTED TOO QUICKLY? THEY REALLY THOUGHT I ACTED TOO QUICKLY WE HAVE DONE A GREAT JOB I COULD HAVE KEPT IT OPEN AND I COULD HAVE DONE WHAT SOME COUNTRIES ARE DOING THEY ARE GETTING BEAT UP PRETTY BADLY I COULD HAVE KEPT IT OPEN I THOUGHT OF KEEPING IT OPEN BECAUSE NO ONE HAS EVER HEARD OF CLOSING DOWN A COUNTRY LET ALONE THE UNITED STATES OF AMERICA, BUT IF I WOULD HAVE DONE THAT WE WOULD HAVE HAD HUNDREDS OF THOUSANDS OF PEOPLE THAT WOULD RIGHT NOW BE DEAD WE HAVE DONE THIS RIGHT AND WE REALLY HAVE DONE THIS RIGHT THE PROBLEM IS, THE PRESS DOES NOT COVER IT THE WAY IT SHOULD BE ONE MORE QUESTION >> THERE IS DEBATE OVER WHAT AUTHORITY YOU HAVE TO ORDER THE COUNTRY TO REOPEN PRES. TRUMP: I HAVE THE ULTIMATE AUTHORITY BUT WE WILL GET TO THAT IN A MINUTE WE WILL FINISH THIS UP, TELL YOU ABOUT OTHER THINGS WE HAVE DONE RIGHT I WILL SAY THIS, HAD WE SAID LET’S NOT DO A CLOSING, WHETHER IT IS 2.2 MILLION PROTECTED OR 1.6 MILLION, YOU CUT IT DOWN TO 600,000, TAKE JUST A FRACTION OF THE NUMBER THAT COULD HAVE HAPPENED, IT LITERALLY WOULD HAVE BEEN MORE THAN THE CIVIL WAR IT WOULD HAVE BEEN A DISASTER THE MINIMUM NUMBER WAS 100000 AND I FEEL PRETTY GOOD THAT WE ARE GOING TO BE SUBSTANTIALLY BELOW THE 100,000 TODAY THE DEPARTMENT OF HEALTH ANNOUNCING FIVE NEW CONTRACTS TO PROCURE LARGE NUMBERS OF ADDITIONAL VENTILATORS UNDER THE DEFENSE PRODUCTION ACT, WHICH WE USE A LOT IN ADDITION TO THE 1300 WE RECEIVED TODAY WE RECEIVED TODAY 1300 ADDITIONAL VENTILATORS WE PROBABLY WILL NOT NEED THEM, BUT WE CAN ADD THEM TO OUR STOCKPILE AND MOVE THEM AROUND — SHOULD THE SURGE TAKE PLACE WE ARE READY TO ROCK THE CONTRACTS ARE WITH GENERAL

ELECTRIC, RESMED, VYAIR, COMBINED WITH THE DPA CONTRACTS WITH GENERAL MOTORS AND PHILLIPS AND TWO OTHERS WITH HAMILTON AND ZOL 1690 VENTILATORS ADDED TO THE STRATEGIC NATIONAL STOCKPILE TO WHICH WE HAVE ALREADY CLOSE TO 10,000 THIS WILL BE ADDED BY ME 8 ANOTHER 29,000 BY THE END OF MAY AND MORE THAN 129,000 TOTAL BY THE END OF THE YEAR WE WILL HELP OTHER COUNTRIES, HELP STATES IF THEY NEED IT WE MAY HELP SOME STATES STOCKPILE THEY ARE SUPPOSED TO BUY THEIR OWN UNFORTUNATELY MOST OF THE STATES WERE NOT THERE PEOPLE DID NOT WANT TO TALK ABOUT IT WE WILL TALK ABOUT IT AT THE RIGHT TIME IF YOU WANT TO I AM MORE FOCUSED ON GETTING PAST THIS NIGHTMARE OF AN EPIDEMIC OR PANDEMIC, WHATEVER YOU CALL IT, WE HAVE TO GET PAST IT READ NOBODY YOU WHO HAS NOT NEEDED — NOBODY WHO HAS NEEDED A VENTILATOR HAS NOT GOTTEN A VENTILATOR THE STATE SHOULD HAVE HAD THEM NO ONE WHO HAS NEEDED A VENTILATOR HAS NOT GOTTEN A VENTILATOR NO ONE WHO HAS NEEDED A HOSPITAL BED HAS BEEN DENIED A HOSPITAL BED THAT IS NOT EVEN REALLY A RESPONSIBILITY IF WE ARE GOING TO HELP, WE WILL DO IT THAT IS WHERE THE ARMY CORPS OF ENGINEERS DID SUCH A GOOD JOB WE BUILT OVER 20,000 BEDS, THOUSANDS MORE THAN WE NEEDED, TO BE SAFE THEY ROSE TO THIS INCREDIBLE OCCASION WE BUILT MORE BEDS THAN WE THOUGHT WE THOUGHT IN LOUISIANA WE WERE GOING HEAVY WHEN I CALLED THE GOVERNOR I SAID MAYBE WE SHOULD NOT BUILD THAT SECOND HOSPITAL HE SAID, I DO NOT THINK WE ARE GOING TO NEED IT THEY HAD 1000 ROOMS, 1000 BEDS AND THEY LOAD — THEY USED A LOT OF THEM THEY STOPPED IT BECAUSE THEY DO NOT WANT TO WASTE WE ARE PREPARED TO BUILD THOUSANDS MORE SHOULD WE NEED IT IT LOOKS LIKE WE ARE PLATEAUING AND IN MANY CASES COMING DOWN IN ADDITION WE ORDERED A TOTAL OF 16 MOBILE DECONTAMINATION SYSTEMS THE DECONTAMINATION SYSTEM FROM OHIO IS AN INCREDIBLE THING BECAUSE IT TAKES THE MASKS AND UP TO 20 TIMES YOU CAN DECONTAMINATE A MASK I HAVE BEEN ASKING FROM THE BEGINNING, WHY CAN’T WE STERILIZE AND SANITIZE THESE MASKS? IT TURNS OUT WE CAN A GREAT COMPANY IN OHIO SENT US GREAT EQUIPMENT AND THEY ARE DOING THAT NOW NOW WE ARE GOING TO HAVE MORE THAN 33 MILLION N95 MASKS PER WEEK THEY WILL BE CLEANED, DECONTAMINATED AND IT WILL BE GREAT IT IS SOMETHING THAT FRANKLY PEOPLE SHOULD HAVE THOUGHT OF A LONG TIME AGO FIVE MORE FLIGHTS LANDED AS PART OF THE AIR BRIDGE A MASSIVE AIRLIFT OPERATION TO BRING PERSONAL PROTECTIVE EQUIPMENT INTO THE UNITED STATES, WHICH HAS NOW DELIVERED NEARLY HALF A MILLION N95 MASKS, 37 MILLION0 GLOVES, MILLIONS OF GLOVES AND 4.99 MILLION GALLONS WE HAVE MILLIONS OF GALLONS, GLOVES, MASKS, SURGICAL EQUIPMENT, SHOULD THE STATES NEED IT STATES ARE SUPPOSED TO BE BUYING THEIR OWN STUFF, BUT SHOULD THEY NEED IT, WE WILL GIVE IT YOU SAW THE STORIES I INHERITED — THIS ADMINISTRATION,, WE INHERITED A STOCKPILE WHERE THE CUPBOARDS WERE BARE THERE WAS NOTHING AND I WILL SAY IT AGAIN, JUST LIKE WE DID NOT HAVE AMMUNITION WE DID NOT HAVE MEDICAL SUPPLIES, VENTILATORS, A LOT OF THINGS THAT SHOULD HAVE BEEN YOU CAN READ YOUR OWN STORIES ON THAT BECAUSE YOU KNOW WHAT HAPPENED THEY DID NOT WANT TO SPEND THE MONEY BUT WE DID TODAY WE FACILITATED THE SUPPLY OF MORE THAN 38 MILLION N95 MASKS NATIONWIDE THIS WEEK WE WILL SEND 2 MILLION N95 MASKS TO THE COMMONWEALTH OF PENNSYLVANIA THE VICE PRESIDENT WILL GO INTO MORE DETAIL HE HAS GREAT DETAIL ON THAT AND IT IS A PRETTY AMAZING STORY WE HAVE A LOT OF MASKS ALREADY IN STOCK AND MORE COMING THERE IS EXPANDING MEDICAL PERSONNEL SURGE CAPACITY WE HAVE A PORTION OF CERTAIN V.A. HOSPITALS AND NONVETERAN CORONAVIRUS PATIENTS CONCLUDING AT THE EAST ORANGE NEW JERSEY MEDICAL CENTER AND IN MANHATTAN AND BROOKLYN THEY ARE READY, BEAUTIFUL HOPEFULLY WE WILL NOT NEED MANY WE BUILT EVERYTHING THE GOVERNORS WANTED AND IN MANY CASES IT IS TOO MUCH WE WANTED TO ERR ON THE SIDE OF CAUTION THE UNITED STATES HAS CONDUCTED 3 MILLION TEST FOR THE VIRUS 3 MILLION, THE MOST OF ANY NATION

WE ARE PERFORMING APPROXIMATELY 115,000 TESTS EVERY DAY AND OUR RATE OF TESTING IS ESPECIALLY HIGH IN AREAS HARDEST HIT BY THE VIRUS IF YOU LOOK, IT HAS HIT SOME AREAS PRETTY HARD PER CAPITA TESTING IN NEW YORK IS HIGHER THAN THE REST OF THE WORLD THE FDA ARE CURRENTLY VALIDATING SEVERAL ANTIBODY TESTS THAT WILL ALLOW US TO DETERMINE WHETHER SOMEONE HAS ALREADY HAD THE VIRUS AND POTENTIALLY BECOME IMMUNE TO INFECTION WE ARE LOOKING AT THAT, THE ANTIBODY TESTS ARE GOING TO BE VERY INTERESTING OVER THE NEXT SHORT WHILE A LOT OF THINGS ARE BEING DEVELOPED AS WE SPEAK IN THE RACE TO DEVELOP EFFECTIVE TREATMENTS THE DRUG COMPANY GILEAD ANNOUNCED ITS DRUG REMDESIVIR HAS SHOWN VERY, SING RESULTS IN COMPASSIONATE USE SETTINGS IN ADDITION THE FDA GRANTED EMERGENCY AUTHORIZATION FOR DEVICE THAT REMOVES CERTAIN PROTEINS FROM THE BLOODSTREAM, POSSIBLY PREVENTING A PATIENT’S IMMUNE SYSTEM FROM OVERREACTING TO THE VIRUS AND DAMAGING VITAL ORGANS OVER THE LAST SEVEN DAYS MY ADMINISTRATION DEPLOYED 28 MILLION DOSES OF HYDROXYCHLOROQUINE FROM OUR NATIONAL STOCKPILE WE HAVE MILLIONS OF DOSES WE BOUGHT MANY PEOPLE ARE USING IT ALL OVER THE COUNTRY JUST RECENTLY A FRIEND OF MINE TOLD ME HE GOT BETTER BECAUSE OF THE USE OF THAT DRUG WHO KNOWS YOU COMBINE IT WITH Z-PACK, COMBINE IT WITH ZINC HAVING SOME VERY GOOD RESULTS THINK IF ANYONE RECOMMENDED IT OTHER THAN ME IT WOULD BE USED ALL OVER THE PLACE I THINK THE FACT I RECOMMENDED IT SAID IT BACK A LOT, BUT A LOT OF GOOD THINGS ARE HAPPENING, GOOD TESTS SCIENTISTS ARE PURSUING A BLOOD THERAPY KNOWN AS CONVALESCENT PLASMA THIS THERAPY USES ANTIBODIES FROM THE BLOOD OF RECOVERED PATIENTS TO TREAT THOSE WHO ARE SICK THIS IS SOMETHING THAT IS A VERY OLD PROCEDURE DONE IN A VERY MODERN WAY DURING THIS DIFFICULT TIME WE ARE WORKING TO ENSURE THE 2020 CENSUS IS COMPLETED SAFELY AND ACCURATELY WE MAY BE ASKING FOR AN EXTENSION BECAUSE OBVIOUSLY THEY CANNOT BE DOING MUCH RIGHT NOW THEY WERE NOT EVEN BE ALLOWED TO DO IT THE CENSUS WILL BE ASKING FOR A MAJOR DELAY HOW CAN YOU POSSIBLY BE KNOCKING ON DOORS FOR A LONG PERIOD OF TIME? THE CENSUS BUREAU DID A DECISION TO DELAY DATA — DATA COLLECTION ACTIVITIES TO STOP THE SPREAD WHILE MILLIONS OF AMERICANS CONTINUE TO COMPLETE THEIR QUESTIONNAIRE ONLINE, THE CENSUS BUREAU ASKED CONGRESS FOR AN EXTENSION THIS IS CALLED AN ACT OF GOD, A SITUATION THAT — I THINK 120 DAYS IS NOT NEARLY ENOUGH I AM TAKING BOLD ACTION TO HELP AMERICAN WORKERS FRIDAY THEY STARTED RECEIVING CASH PAYMENTS, A HISTORIC TO TRILLION DOLLAR RELIEF BILL BY THE END OF THE WEEK NEARLY 80 MILLION AMERICANS WILL RECEIVE A TOTAL OF $147 BILLION FROM WHAT THE SECRETARY OF THE TREASURY TELLS ME, IT IS GOING NICELY HE WILL BE SPEAKING IN A MOMENT THESE PAYMENTS GO DIRECTLY INTO THE BANKS IN THE BANK ACCOUNTS OF THESE PEOPLE MILLIONS OF ADDITIONAL PAYMENTS WILL FOLLOW TYPICAL FAMILY OF FOUR WILL RECEIVE $3400 THROUGH OUR PAYCHECK PROTECTION PROGRAM, A TREMENDOUS SUCCESS, AND THEY SHOULD EXTEND IT AND INCREASE IT, THIS HAS BEEN A TREMENDOUS SUCCESS SO SUCCESSFUL THE BANKS ARE TAKING LONGER TO DISTRIBUTE THE MONEY, BUT IT IS GOING RAPIDLY WE NOW PROCESSED OVER 200 BILLION DOLLARS IN LOANS TO HELP SMALL BUSINESSES RETAIN WORKERS WE URGENTLY NEED LAWMAKERS TO SET ASIDE THE PARTISAN AGENDAS AND REPLENISH THIS PROGRAM WITH NEW FUNDS BECAUSE IT HAS BEEN AN INCREDIBLE SUCCESS AND THEY NEED MORE MONEY TO KEEP IT GOING TO TAKE CARE OF THESE BUSINESSES AND KEEP THEM OPEN I WANT TO THANK THE MANY GOVERNORS, HEALTH PROFESSIONALS, SCIENTISTS AND BUSINESS LEADERS FOR THEIR INCREDIBLE HARD WORK AND INPUT OVER THE LAST MONTH EVEN LONG BEYOND A MONTH, I WOULD SAY SEEMS LIKE FOREVER I HAVE BEEN HAVING MANY DISCUSSIONS WITH MY TEAM AND TOP EXPERTS WE ARE CLOSE TO COMPLETING A PLAN TO OPEN OUR COUNTRY HOPEFULLY EVEN AHEAD OF SCHEDULE THAT IS SO IMPORTANT WE WILL SOON FINALIZE NEW AND IMPORTANT GUIDELINES TO GIVE GOVERNORS THE INFORMATION THEY NEED TO START SAFELY OPENING THEIR STATES

MY ADMINISTRATION’S PLAN AND CORRESPONDING GUIDELINES WILL GIVE AMERICAN PEOPLE THE CONFIDENCE TO BEGIN RETURNING TO NORMAL LIFE THAT IS WHAT WE WANT WE WANT TO HAVE OUR COUNTRY OPEN, WE WANT TO RETURN TO NORMAL LIFE OUR COUNTRY WILL BE — WILL REOPEN AND SUCCESSFULLY WE WILL EXPLAIN OVER A SHORT NUMBER OF DAYS WHAT IT WILL BE AS YOU HAVE PROBABLY HEARD, WE HAVE DEVELOPED A COMMITTEE, CALLING IN A NUMBER OF COMMITTEES WITH THE MOST PROMINENT PEOPLE IN THE COUNTRY, SUCCESSFUL PEOPLE IN VARIOUS FIELDS, WE WILL ANNOUNCE IT TOMORROW WE ALSO HELP TO FACILITATE AN AGREEMENT AMONG THE 23 NATIONS OF OPEC PLUS THAT IS OPEC PLUS ADDITIONAL ENERGY PRODUCING NATIONS, REPRESENTING MANY OF THE LARGEST OIL-PRODUCING COUNTRIES TO STABILIZE OIL MARKETS WE HAVE IN FACT, AND YOU HAVE SEEN, STABILIZATION OVER THE LAST FEW DAYS TOGETHER COUNTRIES AROUND THE WORLD WERE CUT OIL PRODUCTION BY APPROXIMATELY 20 BILLION BARRELS — 20 MILLION BARRELS A DAY THAT WILL HELP A LOT WITH SAVING JOBS ALL OVER TEXAS AND OKLAHOMA AND NORTH DAKOTA AND MANY OF OTHER BIG ANY — BIG ENERGY STATES THIS WILL HELP NEARLY 11 MILLION AMERICAN WORKERS SUPPORTED BY THE U.S. OIL AND GAS INDUSTRY IT IS A MONUMENTAL AGREEMENT I WANT TO THANK SAUDI ARABIA, THE CROWN PRINCE OF SAUDI ARABIA I WANT TO THANK PRESIDENT PUTIN OF RUSSIA I WANT TO THINK A VERY GOOD FRIEND OF MINE, THE PRESIDENT OF MEXICO SHOWED GREAT FLEXIBILITY, PRESIDENT LOPEZ OBRADOR HE SHOWED GREAT FLEXIBILITY AND TREMENDOUS INTELLIGENCE, DOING WHAT HE DID IT WAS NOT EASY I WANT TO THANK MEXICO AND THE PRESIDENT THIS IS A VERY HISTORIC DEAL IN THIS TIME, CHALLENGE, WE ARE IN A TIME UNLIKE WE HAVE BEEN IN MANY DECADES, WE ARE STRENGTHENED AND SUSTAINED BY THE BONDS OF LOVE AND LOYALTY THAT UNITE ALL AMERICANS I AM SO PROUD OF THE AMERICAN PEOPLE EVERYWHERE YOU LOOK YOU SEE THE PATRIOTISM OF OUR COUNTRY DOCTORS AND NURSES ON THE FRONT LINES, FOOD SUPPLY WORKERS, AND EVERY CITIZEN ACHIEVING VICTORY OF THE VIRUS THAT IS WHAT IS GOING TO HAPPEN, SOONER THAN PEOPLE THINK WE WILL BE VERY SMART ABOUT IT, SAFE ABOUT IT WE WILL LISTEN TO GREAT DOCTORS AND MEDICAL PROFESSIONALS TOGETHER WE ARE BEATING BACK THE INVISIBLE ENEMY AND PAVING THE WAY FOR GREAT RESURGENCE, A GREAT RESURGENCE OF AMERICAN PROSPERITY OUR COUNTRY WANTS TO GO BACK TO WORK THEY WILL GO BACK SAFELY I WOULD LIKE TO ASK VICE PRESIDENT PENCE TO SAY A FEW WORDS FOLLOWED BY DR. FAUCI AND DR. BIRX I THINK BEFORE WE DO THIS, BECAUSE I KNOW THERE IS AN EMERGENCY WHERE THEY WANT — I WILL ASK STEVE TO COME UP, TREASURY — SECRETARY OF THE TREASURY TELL THEM THE SUCCESS WE ARE HAVING THANK YOU VERY MUCH >> THANK YOU, MR. PRESIDENT, VICE PRESIDENT AS YOU ANNOUNCED WE ARE VERY PLEASED WE ARE AHEAD OF SCHEDULE ON DELIVERING THE ECONOMIC IMPACT THIS IS KNOWN AS CHECKS IN THE MAIL WE WANT TO DELIVER IN DIRECT DEPOSIT THIS IS AHEAD OF SCHEDULE WE STARTED PROCESSING THOSE LAST FRIDAY WE EXPECT OVER 80 MILLION HARD-WORKING AMERICANS WILL GET THE DIRECT DEPOSIT BY THIS WEDNESDAY WE KNOW HOW IMPORTANT THAT IS TO ALL THOSE HARD-WORKING AMERICANS, MANY OF WHICH ARE AT HOME NOT WORKING AT THE MOMENT IF YOU DO NOT RECEIVE THEM BY WEDNESDAY, ON WEDNESDAY WILL BE LAUNCHING AT IRS.GOV, GO TO GET YOUR PAYMENT IF YOU FILED A TAX RETURN IN 2018 OR 2019, HAVE THAT INFORMATION AVAILABLE YOU’LL BE ABLE TO ID YOURSELF, PUT IN YOUR DIRECT DEPOSIT INFORMATION AND IN SEVERAL DAYS WE WILL AUTOMATICALLY DEPOSIT THE MONEY INTO YOUR ACCOUNT WE WANT TO DO AS MUCH OF THIS ELECTRONICALLY AS WE CAN IT IS VERY IMPORTANT IN THIS DAY AND AGE IT IS MORE SECURE AND YOU DO NOT HAVE TO GO TO THE BANK IF YOU ARE A SOCIAL SECURITY BENEFICIARY YOU DO NOT HAVE TO DO ANYTHING, YOU’LL GET A DIRECT DEPOSIT IF YOU HAVE NOT FILED AND DID NOT NEED TO FILE A 2018, 2019 RETURN, YOU CAN GO TO IRS.GOV

RIGHT NOW AND ENTER YOUR INFORMATION AND AUTHENTICATE YOURSELF WE ARE PLEASED THAT IS AHEAD OF SCHEDULE I WOULD LIKE TO ANNOUNCE THE PROGRESS WE ARE MAKING ON THE NEW SBA PROGRAM, THE P.P.P IT IS A BRAND-NEW PROGRAM THAT IS ONE WEEK OLD WE HAVE DISTRIBUTED AND CONFIRMED $230 BILLION OF LOANS TO LENDERS PARTICIPATING THAT IS MULTIPLES OF ANYTHING THE SBA HAS EVER DONE I WANT TO THANK THE BROAD-BASED COMMUNITY BANKS PARTICIPATING, AGAIN, OVER 4600 IF YOU HAVE NOT GOTTEN IT, YOU WILL GET IT PROCESSED THIS WEEK LET ME ALSO COMMENT FOR THE STATES WE’RE DISTRIBUTING HALF THE MONEY THIS WEEK TO THE STATES, A WEEK AHEAD OF TIME WE WILL DELIVER THE OTHER HALF OF THE MONEY TO THE STATES NEXT WEEK LET ME FINALLY COMMENT, WE HAVE BEEN WORKING CLOSELY WITH THE FEDERAL RESERVE LAST WEEK WE ANNOUNCED EXPANDED FACILITIES AND NEW FACILITIES THAT TOTALED $2.2 TRILLION IN LIQUIDITY I WOULD LIKE TO HIGHLIGHT A MAINSTREAM LENDING FACILITY FOR COMPANIES BETWEEN ONE WORKER AND 10,000 PEOPLE, MIDSIZED BUSINESSES ALSO, A MUNICIPAL FACILITY FOR STATES AND LOCAL GOVERNMENTS TO ACCESS FUNDS GIVEN THE SHORTAGES THEY HAVE WITH THAT I AM HAPPY TO ANSWER QUESTIONS >> THANK YOU, SIR SPEAKER PELOSI AND MINORITY LEADER SCHUMER ARE IN NEGOTIATIONS ON ADDITIONAL FUNDING FOR BUSINESS LOANS LEADER MCCONNELL SAID THERE WAS NOTHING TO BE ADDED TO THE PACKAGE, SMALL BUSINESS LOANS WHAT IS THE OPINION OF YOUR ADMINISTRATION? SHOULD THERE BE ORCHESTRATING OR JUST SMALL BUSINESSES? MR. MNUCHIN: THIS WAS A BIPARTISAN PROGRAM THIS SBA PROGRAM WAS NOT A REPUBLICAN PROGRAM OR DEMOCRAT PROGRAM IT WAS A BIPARTISAN PROGRAM WE HAVE COMMITTED TO SMALL BUSINESSES WE SHOULD TOP OFF THAT PROGRAM NOW I KNOW DEMOCRATS WANT TO TALK ABOUT MORE MONEY FOR HOSPITALS AND STATES WE ARE JUST SENDING MONEY OUT TO HOSPITALS AND STATES THEY HAVE NOT COME CLOSE TO USING THAT MONEY THE PRESIDENT AND VICE PRESIDENT SAID ONCE WE GET S.B.A. DONE WE CAN GO TO ANOTHER FUNDING BILL, POTENTIALLY ADDING INFRASTRUCTURE THERE IS A LIKELIHOOD WE WILL NEED MORE MONEY WE WILL SIT DOWN AND TRY TO GET A BIPARTISAN BILL IT IS IMPORTANT WE DELIVER ON SMALL BUSINESSES 50% OF THE PEOPLE WORK FOR SMALL BUSINESSES >> WHAT IS THE EMERGENCY THE PRESIDENT SAID YOU HAD TO GO FOR? OVER THIS BILL? MR. MNUCHIN: BECAUSE WE DO NOT WANT TO RUN OUT OF MONEY, WE HAVE USED $220 BILLION OUT OF THE $350 BILLION WE DO NOT WANT TO RUN OUT OF MONEY OR CREATE PANIC WE HAVE ASKED FOR ANOTHER $250 BILLION FOR THAT PROGRAM EVERY DOLLAR WE SPEND IN THIS PROGRAM WE SAVE A DOLLAR OF UNEMPLOYMENT INSURANCE EVEN THOUGH WE ARE ASKING FOR $250 BILLION, IT WILL NOT COST THAT MUCH >> THERE WERE CONCERNS ABOUT LIFTING GUIDELINES TOO MUCH — TOO SOON I UNDERSTAND THE ECONOMIC ARGUMENT FOR GETTING PEOPLE BACK TO WORK BUT WHAT IS THE ECONOMIC RISK OF LIFTING THEM TO EARLY AND SEEING A SPIKE IN CASES? MR. MNUCHIN: THERE ARE ECONOMIC RISKS IN BOTH DIRECTIONS WE REVIEWED A BROAD LIST OF OVER 100 BUSINESS PEOPLE THAT WILL HELP ADVISE THE PRESIDENT ON WHAT NEEDS TO BE DONE TO REOPEN THE ECONOMY THE COMBINATION OF ECONOMIC IMPACT PAYMENTS, SMALL BUSINESS PAYMENTS, AND UNEMPLOYMENT INSURANCE, THE PRESIDENT MADE CLEAR HE WANT TO MAKE SURE HARD-WORKING AMERICANS HAVE LIQUIDITY WHILE WE WAIT TO OPEN THE GOVERNMENT >> DO YOU BELIEVE THE COUNTRY SHOULD BE REOPENED ON MAY 1? MR. MNUCHIN: I HAD DISCUSSIONS WITH THE PRESIDENT, I BELIEVE HE IS CONSIDERING IT PRES. TRUMP: EVERYTHING HAS TO BE SAFE >> YOUR ADVICE TO THE PRESIDENT? MR. MNUCHIN: AS SOON IT IS SAFE TO OPEN, BASED UPON THE MEDICAL PROFESSIONALS — WE ARE WORKING CLOSELY WITH THE PRESIDENT AND OUTSIDE BUSINESS LEADERS TO DEVELOP A PLAN >> [INDISCERNIBLE] YOU THINK IT IS GOING TO BE EVERYTHING OPEN? PRES. TRUMP: OVER THE NEXT FEW

DAYS WE WILL PROBABLY BE MAKING A STATEMENT ABOUT EXACTLY WHAT THAT LOOKS LIKE I WANT TO GET ADVICE WE HAVE SOME OF THE BIGGEST FROM EVERY BUSINESS ON THIS COUNSEL — COUNCIL WE ARE SETTING UP A LOT OF COMMITTEES, VERY SMART PEOPLE WE WANT TO BE VERY SAFE AT THE SAME TIME, WE HAVE GOT TO GET OUR COUNTRY OPEN >> IS THERE A POSSIBILITY YOU OPEN IT INCREMENTALLY? DO YOU THINK PEOPLE WILL GO BACK TO RESTAURANTS, CONCERTS, CINEMA? PRES. TRUMP: YES I THINK EVENTUALLY THEY WILL DO THAT I THINK IT IS GOING TO GO QUICKLY PEOPLE WANT TO GO BACK TO WORK AND THERE IS PENT-UP DEMAND THAT IS WHY YOU SEE THE STOCK MARKET — TO THINK THE STOCK MARKET IS AT THE LEVEL IT IS RIGHT NOW WITH ALL OF THIS LOOK AT THE EUROPEAN UNION, HOW BADLY DECIMATED THEY HAVE BEEN LOOK AT CHINA, BY THE WAY I HAVE SEEN THE NUMBERS LOOK AT HOW THESE COUNTRIES HAVE BEEN DECIMATED BY THIS TO THINK THE STOCK MARKET IS AT THIS TREMENDOUSLY HIGH NUMBER IT WAS LOOKING BLEAK FOR A WHILE BUT IT HIT A POINT IT IS A GREAT TRIBUTE TO THE FACT THERE IS DEMAND >> IN REGARDS TO SOME OF YOUR TWEETS EARLIER TODAY, MY QUESTION TO YOU IS, WHAT PROVISION IN THE CONSTITUTION GIVES THE PRESIDENT THE POWER TO OPEN OR CLOSE STATE ECONOMIES? PRES. TRUMP: NUMEROUS — NUMEROUS PROVISIONS WE CAN GIVE YOU A LEGAL BRIEF IF YOU WANT >> WHAT HAPPENS IF YOU SAY WE WANT STATES TO REOPEN BUT CALIFORNIA OR NEW YORK DO NOT REOPEN? PRES. TRUMP: I THINK EVERYBODY WANTS TO OPEN I DO NOT THINK THAT WOULD HAPPEN >> [INDISCERNIBLE] STATES HAVE ORDERED BUSINESSES LIKE RESTAURANTS — PRES. TRUMP: IF I WANTED TO, I WOULD HAVE CLOSED IT UP, BUT I LET THEM I LIKE THE WAY THEY HAVE DONE THAT THE CENTER THAT REMAINED IN SEMI-LOCKED DOWN, IF YOU LOOK AT THOSE STATES, THEY HAVE DONE A GOOD JOB THEY ARE MUCH DIFFERENT FROM NEW YORK OR OTHER PLACES THAT WERE HIT HARD >> WILL YOU SAY, I ORDER YOU TO OPEN YOUR SCHOOLS? >> FOLLOWING UP ON THAT THERE WERE TWO CONSORTIUMS OF STATES, WEST COAST, EAST COAST STATES, PEOPLE WHO SAID THEY ARE GOING TO COOPERATE AND DECIDE WHEN TO REOPEN DOES THAT UNDERMINE WHAT YOU ARE TRYING TO DO? PRES. TRUMP: THEY CAN DECIDE NO, NOT AT ALL THE PRESIDENT OF UNITED STATES HAS THE AUTHORITY TO DO WHAT THE PRESIDENT HAS THE AUTHORITY TO DO, WHICH IS VERY POWERFUL THE PRESIDENT OF THE UNITED STATES CALLS THE SHOTS IF WE WERE NOT HERE FOR THE STATES HE WOULD’VE HAD A PROBLEM LIKE YOU HAVE NEVER SEEN BEFORE WE WERE HERE TO BACK THEM UP AND WE HAVE MORE THAN BACKED THEM UP WE DID A JOB NOBODY THOUGHT WAS POSSIBLE THAT SAID WE WILL WORK WITH STATES BECAUSE IT IS IMPORTANT YOU HAVE LOCAL GOVERNMENTS PINPOINTED IT IS LIKE A MICROCHIP, THEY ARE PINPOINTED WE HAVE LOCAL GOVERNMENTS THAT HOPEFULLY WILL DO A GOOD JOB AND IF THEY DO NOT, THEY CANNOT DO ANYTHING WITHOUT THE APPROVAL OF THE PRESIDENT >> SOME STATES REFUSED TO REOPEN, ALL POWERS THAT DO NOT RESIDE IN THE PRESIDENT RESIDE IN THE STATES PRES. TRUMP: I WOULD LIKE TO SEE THAT PERSON RUN FOR ELECTION >> — PRES. TRUMP: THEY HAVE TO GET OPEN SOME ARE IN A DIFFERENT SITUATION I WON’T NAME STATES NOW, BUT I WILL OVER THE NEXT TWO OR THREE DAYS YOU HAVE SOME STATES WHERE THIS IS NOT THE KIND OF PROBLEM IT IS A NEW YORK OR LOUISIANA OR MICHIGAN OR OTHER PLACES THAT GOT HIT VERY HARD ILLINOIS GOT HIT VERY HARD ALL STATES WANT OPEN AS SOON AS POSSIBLE, BUT THEY WANT TO OPEN SAFELY AND SO DO I >> THE FRENCH PRESIDENT SAID THEY WILL STAY SHUT DOWN INTO THE MIDDLE OF MAY PRES. TRUMP: FRANCE GOT HIT VERY HARD HE HAS TO DO WHAT HE HAS TO DO SPAIN HAS BEEN DECIMATED YOU LOOK AT WHAT HAPPENED IN ITALY, IT IS A WELL-KNOWN FACT

WHAT HAPPENED IN ITALY THEY WERE HIT HARD >> A QUESTION FOR SECRETARY MNUCHIN THE 100 BUSINESS PEOPLE, HAVE THEY BEEN INVITED ALREADY OR AGREED? MR. MNUCHIN: THEY HAVE NOT BEEN INVITED YET, WE JUST REVIEWED THE NAMES >> FROM ALL SECTORS? MR. MNUCHIN: VERTICALS, EVERY AREA OF THE ECONOMY, WE WANT TO BE REPRESENTATIVE >> IS THERE ANYTHING NEEDED TO BE DONE TO WORK ON SAVING OIL INDUSTRY JOBS? MR. MNUCHIN: WE ARE WORKING WITH LARRY KUDLOW, WE HAVE ECONOMIC PLANS FOR EVERY SINGLE PART OF THE ECONOMY IN THE CASE OF THE OIL INDUSTRY THEY HAVE BEEN HIT ESPECIALLY HARD BECAUSE YOU HAVE BOTH THE SUPPLY ISSUE AND THE DEMAND ISSUE >> WILL YOU USE BAILOUT MONEY FOR THE AIRLINES? MR. MNUCHIN: I AM PLEASED TO SAY WE WORKED VERY HARD WE PUT OUT A PRESS RELEASE THAT WE HAVE NOW HAD DISCUSSIONS WITH ALMOST ALL THE AIRLINES, I PERSONALLY HAD DISCUSSIONS WITH ALL THE MAJOR AIRLINE CEOS AREA WEEK — CEEO — CEO’S YOU WILL SEE VERY QUICKLY DECISIONS COMING OUT I AM PLEASED WITH THE DISCUSSIONS WE HAD >> DO YOU SEE A NEED FOR — PRES. TRUMP: EXCUSE ME ONE SECOND WE HAD VERY GOOD DISCUSSIONS WITH THE OWNERS >> IS IT POSSIBLE TO REOPEN THE ECONOMY ON MAY1? PRES. TRUMP: YOU’LL BE HEARING OVER THE NEXT FEW DAYS >> [INDISCERNIBLE] ANOTHER STIMULUS? MR. MNUCHIN: CONGRESS ON A BIPARTISAN BASIS APPROVED AN UNPRECEDENTED AMOUNT OF MONEY TO HELP AMERICAN WORKERS AND AMERICAN BUSINESS IT WAS THROUGH NO FAULT OF THEIR OWN BUSINESS WAS CLOSED DOWN WE HAVE BEEN DILIGENTLY EXECUTING ON THAT EVERYBODY SAID IT WOULD TAKE MONTHS WE ARE EXECUTING VERY QUICKLY WE CREATED A WHOLE NEW SBA PROGRAM IN A WEEK WE WANT TO EXECUTE THE $2.2 TRILLION AND WE CAN ADD SEVERAL TRILLION WITH THE FED THE AREA WE ARE CONCERNED ABOUT IS THE SMALL BUSINESS PROGRAM IT IS MORE POPULAR AND SUCCESSFUL THAN WE ANTICIPATED THE PRESIDENT WANTS TO BE CLEAR WE HAVE MONEY FOR THAT ONCE WE GET DONE WITH THAT WE WILL REVIEW WITH THE PRESIDENT IF THERE IS MORE MONEY THEN NEEDS TO BE TO SUPPORT THIS ECONOMY, HARD-WORKING AMERICANS, WE WILL WORK WITH CONGRESS PAGE FOUR, THE PRESIDENT HAS TALKED ABOUT INFRASTRUCTURE, MEDICAL ISSUES WE WILL MONITOR THAT WE WANT TO MAKE SURE THERE ARE INCENTIVES FOR RESTAURANTS, ENTERTAINMENT, PEOPLE TO GET BACK TO THOSE KINDS OF THINGS WE WILL LOOK SPECIFICALLY AT WAYS TO STIMULATE PARTS OF THE ECONOMY SOME MAY BE MANY ISSUES, SOME MAY BE REGULATORY ISSUES >> TO CLARIFY YOUR UNDERSTANDING OF YOUR AUTHORITY, VIS-A-VIS GOVERNORS IF A GOVERNOR ISSUES STAY-AT-HOME — PRES. TRUMP: WHEN SOMEBODY IS THE PRESIDENT OF THE UNITED STATES, THE AUTHORITY IS TOTAL AND THAT IS THE WEIGHT IS GOING TO BE THE GOVERNORS KNOW THAT >> [INDISCERNIBLE] PRES. TRUMP: YOU HAVE A COUPLE OF BANDS OF DEMOCRAT GOVERNORS, BUT THEY WILL AGREE TO IT THE AUTHORITY OF THE PRESIDENT OF THE UNITED STATES HAVING TO DO WITH THE SUBJECT WE ARE TALKING ABOUT IS TOTAL >> ONE OF THE THINGS WE SAW IN YOUR VIDEO, THE TRAVEL BAN FROM EUROPE AS PART OF REOPENING AMERICA DO YOU WANT TO REOPEN THE BORDERS SO PEOPLE FROM EUROPE AND THE U.K. — PRES. TRUMP: VERY GOOD QUESTION I WOULD HAVE TO TAKE A LOOK I WOULD NOT SAY ITALY OR SPAIN IS DOING GREAT RIGHT NOW WE JUST HEARD FRANCE IS EXPANDING ITS STAY INSIDE ORDER I THINK FOR A SHORT PERIOD OF TIME RIGHT NOW WE HAVE A VERY STRONG BAN WE WILL KEEP IT THAT WAY UNTIL THEY HEAL WEEKS, MONTHS >>? PRES. TRUMP: I CANNOT TELL YOU RIGHT NOW FRANCE JUST WENT FOR ANOTHER TWO WEEKS >> YOU TOOK HIS ADVICE ON THE QUESTION OF MITIGATION HOW DO YOU MAKE THIS NEXT

DECISION? PRES. TRUMP: I AM NOT SURE WHO GAVE ME THE ADVICE ON THE VAN — BAN I THINK I TOOK MY OWN ADVICE >> THE SOCIAL DISTANCING THIS NEXT DECISION YOU SAY MAY BE THE MOST DIFFICULT OR IMPORTANT DECISION OF YOUR PRESIDENCY WILL YOU ASSURE THE AMERICAN PEOPLE YOU WILL TAKE ADVICE OF DR. FAUCI, DR. BIRX, THE HEALTH EXPERTS, BEFORE YOU DO THAT? PRES. TRUMP: I WILL ABSOLUTELY TAKE THEIR ADVICE >> WOULD YOU GO AGAINST THEIR RECOMMENDATION IF THEY SAY YOU NEED ANOTHER 15 OR 30 DAYS? PRES. TRUMP: WE ARE NOT FAR FROM BEING ON THE SAME PAGE >> ONE THING GOVERNOR CUOMO >> GOVERNOR CUOMO SAID STATES CAN’T DO, CAN’T PURCHASE DIAGNOSTIC EQUIPMENT AND NEED FEDERAL HELP PRES. TRUMP: THEY ARE ON GROUND THEY HAVE LOCAL MAYORS, LOCAL REPRESENTATIVES, PEOPLE THAT DO IT AND WHAT WE DID LAST TIME IS UNPRECEDENTED WE REBUILT A WHOLE INDUSTRY BECAUSE WE INHERITED NOTHING WHAT WE INHERITED FROM THE PREVIOUS ADMINISTRATION WAS TOTALLY BROKEN, WHICH SOMEONE SHOULD EVENTUALLY SAY, NOT ONLY WHERE THE CUPBOARDS BARE, BUT WE INHERITED BROKEN TESTING NOW WE HAVE GREAT TESTING I JUST LEFT THE TOP EXECUTIVES AT ABBOTT WHAT I WILL DO, UNLESS YOU HAVE FURTHER QUESTIONS FOR THE SECRETARY OF THE TREASURY, DO YOU HAVE ANYBODY FOR STEVE? IF IT IS FOR ME, WE CAN WAIT WE HAVE TO GET BACK TO WORK >> WHEN OF MY COLLEAGUES IS NOT ABLE TO BE IN THE ROOM THEY ARE CURIOUS ABOUT THE RULE THAT PREVENTS SMALL CASINOS FROM GETTING SOME OF THIS RELIEF IS THAT SOMETHING YOU ARE TAKING A LOOK AT? IS THERE GOING TO BE A CHANGE? SEC. MNUCHIN: NOT SMALL CASINOS BUT THERE ARE THINGS SUCH AS SMALL TAVERNS AND RESTAURANTS THAT HAVE LITERALLY SMALL GAMING THINGS AND WE ARE COMING OUT WITH SOME ADDITIONAL GUIDANCE ON THAT IT IS NOT SMALL CASINOS >> THERE WAS A LETTER HOUSE REPUBLICANS SENT THIS WEEKEND ABOUT THE LIQUIDITY FOR MORTGAGE SERVICES CAN YOU EXPLAIN WHAT YOU WERE LOOKING AT? SEC. MNUCHIN: I THINK I COMMENTED ON THIS A WEEK OR SO AGO WE HAD A SUBCOMMITTEE TASK FORCE THAT SPECIFICALLY STUDIED THIS ISSUE WE HAVE ALL THE THE APPROPRIATE PEOPLE ON IT WE HAVE TAKEN SOME ACTION WE HAD CONVERSATIONS WITH THE FH FA ABOUT WHAT THEY WILL DO FOR FANNIE AND FREDDIE AND TO THE EXTENT THEY NEED AUTHORITY FROM THE TREASURY WE WILL ACCOMMODATE THAT WE ARE AWARE OF THE ISSUE WE HAVE BEEN STUDYING THE ISSUE BEFORE COVID AND HAD CONCERNS ABOUT SOME OF THESE NON-BANK SERVICERS NOT BEING WELL CAPITALIZED WE WILL MAKE SURE THE MARKET FUNCTIONS PROPERLY >> THANK YOU WE HAVE SEEN A NUMBER OF THESE RELIEF BILLS DEMOCRATS AND REPUBLICANS HAVE PUSHED FORWARD IS THERE NON-CORONAVIRUS SPECIFIC FUNDING PRIORITIES, ARE YOU TRYING TO KEEP FUNDING SPECIFIC TO CORONAVIRUS AND IS THERE GOING TO BE OTHER ADDITIONS, LIKE A CHANGE TO LABOR RULES OR SOMETHING MANY ON THE LEFT WANTED? SOME ON THE RIGHT ARE WONDERING IF YOU SHOULD BE PUSHING FOR THEIR PREFERRED PATH SEC. MNUCHIN: OUR EXPECTATION HAS BEEN MRS. COVID RELATED SOME PEOPLE HAVE A BROAD VIEW OF WHAT COVID RELATED IS BECAUSE IT IMPACTED ALMOST EVERY CYCLE BUSINESS THE PRESIDENT TALKED ABOUT THE KENNEDY CENTER, A GOOD INSTITUTION OBVIOUSLY THAT WASN’T THE MAJOR PRIORITY BUT THEY WERE HIT WITH COVID RELATED BUT THE PRESIDENT INSTRUCTED, WE WANT TO BE VERY SPECIFIC IN THE NEXT BILL IT IS COVID RELATED ITEMS PRES. TRUMP: THAT WAS DONE, THE DEMOCRATS — WE DIDN’T WANT THAT BUT THEY WANTED IT IN AND WE HAD TO AGREE TO GET SOMETHING DONE FOR THE WORKERS WE WANT THIS TO BE FOR THE WORKERS AND FOR COMPANIES THAT EMPLOY THE WORKERS THAT IS WHAT WE ARE LOOKING FOR WE ARE NOT LOOKING FOR EXTRANEOUS NONSENSE >> YOU ARGUED THE CHINA BAN WAS TO IF — TOO DISRUPTIVE — SEC. MNUCHIN: I HAD NOTHING TO DO WITH THE CHINA BAN I THINK I WAS TRAVELING AT THE TIME I NEVER, I WAS NOT PART — I DID BECOME VERY ACTIVE AFTER THE CHINA BAN BUT THAT REPORT IN THE NEW YORK TIMES WAS NOT ACCURATE I WAS NOT PART OF THE TASK FORCE AT THAT TIME AND I WAS NOT INVOLVED I THINK I MAY HAVE BEEN

TRAVELING >> A SENATOR SAID THEY WOULD GET DIRECT PAYMENTS TO EMPLOYERS TO PAY PEOPLE WHO HAD BEEN LAID OFF DID YOU SUPPORT THAT? SEC. MNUCHIN: THAT IS THE PPP, SENDING MONEY TO SMALL BUSINESS, 50% OF AMERICAN WORKERS, TO KEEP THOSE PEOPLE PAID IT IS THE MOST EFFICIENT WAY EVERY DOLLAR, IT IS ONE LESS DOLLAR OF UNEMPLOYMENT AND WE WANT THOSE PEOPLE TO HAVE, TO BE ASSOCIATED WITH THE BUSINESS SO AS SOON AS THE PRESIDENT IS READY TO OPEN UP THE ECONOMY, THOSE BUSINESSES ARE TOGETHER WE WANT — WE DON’T WANT THOSE BUSINESSES TO FALL APART >> SYNDICATE INDIRECTLY TO STATES — PRES. TRUMP: WE WERE PREFERRING IT WOULD BE SENT DIRECTLY TO THE PEOPLE THE DEMOCRATS WANTED IT SENT THROUGH THE UNEMPLOYMENT SYSTEM WE HAVE 40-YEAR-OLD EQUIPMENT AND MANY OF THOSE SYSTEMS THEY ARE RUN BY THE STATES SEC. MNUCHIN: SOME OF THEM ARE AND SOME OF THE STATES AREN’T AND WE ENCOURAGE, WE ARE WORKING WITH THE STATES TO UPDATE THEIR COMPUTERS IT IS A LONG HAUL >> THANK YOU SEC. MNUCHIN: PHASE — PRES. TRUMP: PHASE FOUR, STEVE >> YOU SAID WHEN SOMEONE IS PRESIDENT OF THE UNITED STATES THEIR AUTHORITY IS TOTAL THAT IS NOT TRUE PRES. TRUMP: YOU KNOW WHAT WE ARE GOING TO DO? IT IS NOT GOING TO BE NECESSARY BECAUSE THE GOVERNOR’S NEED US ONE WAY OR THE OTHER BECAUSE ULTIMATELY, IT COMES WITH THE FEDERAL GOVERNMENT THAT BEING SAID, WE ARE GETTING ALONG WELL WITH THE GOVERNORS AND I FEEL CERTAIN THAT THERE WON’T BE A PROBLEM >> HAS ANY GOVERNOR AGREED THAT YOU HAVE THE AUTHORITY DOES — TO DECIDE WHEN THEIR STATE — PRES. TRUMP: I HAVEN’T ASKED ANYBODY BECAUSE I DON’T HAVE TO >> WHO TOLD YOU PRESIDENT HAS ABSOLUTE AUTHORITY OF PRES TRUMP: ENOUGH >> GOVERNOR HOGAN WANTS $500 BILLION TO STABILIZE SHORTFALLS PRES. TRUMP: WE APPRECIATE GOVERNOR HOGAN’S STATEMENT >> GOVERNOR CUOMO SAID [INDISCERNIBLE] THE KAZAKH TO IGNORE IT THE BUDGETARY SHORTFALL — THE CARES ACT IGNORED THE BUDGETARY FOR FALL — SHORTFALL PRES. TRUMP: THEY ARE TALKING ABOUT STATES THAT HAVE BEEN BATTERED AND HOSPITALS WE ARE WILLING TO LOOK AT THAT WE WILL SEE WHAT WE COME BACK WITH THEY ARE TALKING ABOUT STATES AND THEY ARE TALKING ABOUT HOSPITALS >> THE GOVERNOR OF MICHIGAN ON THURSDAY FILED AN EXECUTIVE ORDER BANNING THE SALE OF NONESSENTIAL GOODS SHE HAS BANNED THE SALE OF NONESSENTIAL GOODS MANY ARE CALLING THIS TO CONEY AND AND UNCONSTITUTIONAL DO YOU THINK IF OTHER STATES FOLLOWED HER EXAMPLE IN THE COMING WEEKS, THE FEDERAL GOVERNMENT SHOULD INTERVENE? PRES. TRUMP: IDOL THINK THAT IS GOOD HAPPEN I THINK IT IS EXTREME BUT SHE IS DOING AT AND I THINK IT WILL BE OVER BEFORE WE HAVE TO START THINKING ABOUT IT TOO MUCH IT IS STRONG, IT IS A STRONG POSITION TO TAKE THEY ARE MAKING A LOT OF PROGRESS IN MICHIGAN, SO WE WILL SEE HOW IT WORKS >> THE FUNDING FOR THE WORLD HEALTH ORGANIZATION, WHAT IS THE STATUS? PRES. TRUMP: I’M NOT HAPPY WITH THE WORLD HEALTH ORGANIZATION NOT HAPPY WITH THE WORLD TRADE ORGANIZATION WE HAVE BEEN RIPPED OFF BY EVERYBODY THIS COUNTRY FOR SO MANY YEARS HAS BEEN RIPPED OFF I EVERYBODY, WHETHER IT IS GROWTH HEALTH OR WORLD TRADE I CALL THEM THE BOBBSEY TWINS FOR YEARS WE HAD PEOPLE WHO DID NOTHING ABOUT IT WE WILL HAVE A REPORT AND WE ARE TALKING ABOUT THE WTO WE MADE A LOT OF PROGRESS WE ARE WINNING CASES FOR THE FIRST TIME BECAUSE THEY KNOW I WILL LEAVE IF WE DON’T GET TREATED FAIRLY THIS COUNTRY, OUR COUNTRY, WAS AT A POINT WHERE WE RARELY IF EVER WENT TO LAWSUITS WITH THE WORLD TRADE ORGANIZATION BUT NOW WE ARE WINNING A LOT OF THEM WE WILL PULL OUT IF WE HAVE TWO WE JUST WON A $7 BILLION LAWSUIT WHICH WAS VERY NICE >> DO YOU EXPECT A DECISION THIS WEEK ON CUTTING FUNDING? PRES. TRUMP: BY THE END OF THE WEEK I WILL MAKE A DECISION RIGHT NOW THERE IS A LOT OF THINGS HAPPENING >> WHY ARE THERE NO CAPS ON SEQUENCES FOR CHINA, FOR THE MISINFORMATION? PRES. TRUMP: HOW DO YOU KNOW THERE ARE NO CONSEQUENCES? >> WHAT ARE THE CONSEQUENCES? PRES. TRUMP: WHY WOULD I TELL YOU? YOU STARTED OFF BY SAYING WHY ARE THERE NO CONSEQUENCES >> WHY ARE THERE NO CONSEQUENCES —

PRES. TRUMP: HOW DO YOU KNOW? YOU WILL FIND OUT I WOULDN’T TELL YOU YOU WOULD BE THE LAST PERSON ON EARTH I WOULD TELL >> THIS IS A QUESTION FOR MR VICE PRESIDENT DO YOU AGREE WITH THE PRESIDENT’S STATEMENT AND HIS UNDERSTANDING OF FEDERALISM THAT HIS POWER IS TOTAL DECK OF IS THERE ANYTHING YOU WOULD LIKE TO ADD? VICE PRESIDENT PENCE: I SUPPORT THE PRESIDENT’S LEADERSHIP UNDER THE NATIONAL EMERGENCY DECLARATION HE SIGNED WE ARE STANDING BEFORE YOU FOR THE FIRST TIME IN HISTORY WHEN ALL 50 STATES HAVE ISSUED EMERGENCY DECLARATIONS AND THE TERRITORY THIS IS AN UNPRECEDENTED TIME IN THE LIFE OF THE NATION UNFORTUNATELY, AS THE PRESIDENT REFLECTED AND OUR HEALTH EXPERTS WILL CONTINUE TO REFLECT, BECAUSE THE AMERICAN PEOPLE HAVE HEEDED THE PRESIDENT’S GUIDELINES FOR AMERICA BECAUSE STATE GOVERNORS HAVE TAKEN THOSE AND IMPLEMENTED THEM, EVEN IN STATES WHERE THERE WAS NOT A SIGNIFICANT OUTBREAK, AND IMPLEMENTED ADDITIONAL MEASURES AS WE PROVIDED THEM WITH DATA ABOUT CASES AND BEST PRACTICES, WE ARE MAKING REAL PROGRESS AS A COUNTRY >> [INDISCERNIBLE] VICE PRESIDENT PENCE: IN THE LONG HISTORY OF THIS COUNTRY, THE AUTHORITY OF THE PRESIDENT OF THE UNITED STATES, DURING NATIONAL EMERGENCIES, IS UNQUESTIONABLY PLENARY YOU CAN LOOK BACK THROUGH TIMES OF WAR AND OTHER NATIONAL EMERGENCIES AS THE PRESIDENT SAID, WE WILL HAPPILY BRIEF THAT BUT IN THE DAYS AHEAD, WHAT THE PRESIDENT HAS CHARGED US TO DO IS TO WORK WITH OUR HEALTH EXPERTS, WE WILL BRING TOGETHER AN EXTRAORDINARY GROUP OF AMERICAN BUSINESS LEADERS TO COUNSEL THE PRESIDENT, AND WORKING WITH THE CDC, WE ARE GOING TO PRODUCE NEW GUIDELINES BASED UPON THE DATA FOR EVERY STATE AND TERRITORY IN THIS NATION WE ARE GOING TO GIVE THEM GUIDANCE, AND AS THE PRESIDENT INDICATED, WE WILL CONTINUE TO RESPECT THE LEADERSHIP AND PARTNERSHIP WE FORGED WITH EVERY GOVERNOR IN AMERICA BUT THIS IS AN UNPRECEDENTED TIME I HAVE TO TELL YOU, WHEN YOU LOOK AT THE FACT, DESPITE THE HEARTBREAKING LOSS OF MORE THAN 22,000 AMERICANS, WHEN YOU LOOK AT THE FACT OF WHAT THE HEALTH EXPERTS TOLD US THIS COULD BE, I THINK — I FEEL A SENSE OF GRATITUDE TO THE AMERICAN PEOPLE GRATITUDE TO THE EXTRAORDINARY TEAM THAT HAS COUNSELED THIS PRESIDENT, THE STEPS PRESIDENT TRUMP HAS TAKEN, THE POLICIES THAT GOVERNORS HAVE IMPLEMENTED ACROSS AMERICA WE WERE DISCUSSING TODAY UP A TASK FORCE THAT WHEN YOU LOOK AT THE EUROPEAN UNION AS A WHOLE, THEY HAVE NEARLY THREE TIMES THE MORTALITY RATE OF THE UNITED STATES TODAY THAT IS A TRIBUTE TO OUR EXTRAORDINARY HEALTH CARE WORKERS, THEIR DEDICATION, THEIR TIRELESS WORK IT IS A TRIBUTE TO THE FACT THAT THE AMERICAN PEOPLE PUT INTO PRACTICE THE MITIGATION EFFORTS THAT THE PRESIDENT COUNSELED THE NATION TO DO ON THE ADVICE OF OUR BEST SCIENTISTS, NOW MORE THAN A MONTH AGO OUR HOSPITALS WERE NOT OVERWHELMED AND ARE NOT OVERWHELMED AT THIS HOUR AND I HAVE TO TELL YOU, STANDING HERE TODAY, I COULDN’T BE MORE PROUD TO STAND ALONGSIDE THIS PRESIDENT AND TO BE PART OF THIS TEAM THAT HAS SERVED THE AMERICAN PEOPLE DURING THIS CHALLENGING OUR, AND I WILL SAY TO YOU, TO EVERY AMERICAN LOOKING ON, AS WE SEE THE NUMBERS LEVELING AND MAYBE EVEN BEGINNING TO GO DOWN, I JUST ENCOURAGE YOU TO KEEP DOING WHAT YOU ARE DOING BECAUSE THE SACRIFICES AMERICANS HAVE MADE THROUGH THESE MITIGATION EFFORTS ARE SAVING LIVES AND YOU ARE SEEING OUR NATION THROUGH THE CRISIS >> YOU HAVE BEEN TALKING TO GOVERNORS HAVE THE COALITIONS IN THE NORTHEAST AND WEST COAST, DID THEY TELL YOU WHAT THEY WILL BE ANNOUNCING BEFORE THEY ANNOUNCE IT? VICE PRESIDENT PENCE: THE GOVERNOR OF CONNECTICUT EXPRESSED TODAY THEY WOULD BE SPEAKING AND DISCUSSION ON A REGULAR — ON A REGIONAL BASIS WHAT RECOMMENDATIONS WOULD BE WE WERE REASSURED THEM TODAY ON OUR CONFERENCE CALL WITH I THINK 48 GOVERNORS THAT WERE WITH US TODAY FOR THE BETTER PART OF AN HOUR AND A HALF, WE TOLD THEM THAT, WHAT THE PRESIDENT WOULD BE PRODUCING, DIRECTING TO PRODUCE ADDITIONAL GUIDELINES FOR THE STATES, CERTIFIED BY THE CDC, THAT WOULD INFORM THOSE GOVERNORS AND LOCAL COMMUNITIES AND MAYORS ABOUT THE BEST WAY

FORWARD, BASED ON THE UNIQUE CIRCUMSTANCES THOSE STATES AND COMMUNITIES ARE FACING THE AMERICAN PEOPLE HAVE SEEN THE EXPERIENCE IN WASHINGTON STATE, WHERE THIS ALL BEGAN, AND IN CALIFORNIA, AND THE EXTRAORDINARY CHALLENGES IN THE GREATER NEW YORK CITY AREA INCLUDING NEW JERSEY AND CONNECTICUT, CHALLENGES IN NEW ORLEANS, LOUISIANA, DETROIT, CHICAGO, PARTS OF HOUSTON THEY ARE ALSO SEEING THAT IN EACH ONE OF THOSE CASES, THE MITIGATION EFFORTS ARE TRULY WORKING WE WILL WORK WITH THOSE STATES, AND IN SOME CASES IT WILL MAKE PERFECT SENSE FOR THEM TO WORK TOGETHER >> LET THEM KNOW AHEAD OF TIME — VICE PRES. PENCE: THE PRESIDENT WILL BE — SORRY, I DIDN’T HEAR QUESTION >> DID THEY LET YOU KNOW? >> WILL WE — PRES. TRUMP: THEY WILL COOPERATE PERFECTLY WATCH VICE PRES. PENCE: LET ME AFFIRM, WE HEARD IT AGAIN TODAY, AND ON WHAT I THINK WAS OUR NINTH CONFERENCE CALL WITH GOVERNORS, I THINK EVERY AMERICAN WOULD BE PROUD TO SEE THE PARTNERSHIP THAT THIS PRESIDENT HAS FORGED WITH GOVERNORS ACROSS THE COUNTRY IT IS AN EXTRAORDINARY STATEMENT AND YOU WILL SEE SOME DATA WHEN THE ADMIRAL GETS UP IN A FEW MOMENTS THE FLOW OF RESOURCES FROM AROUND THE WORLD THAT WE MOVED INTO AREAS THAT HAVE FACED CHALLENGES, THIS PRESIDENT DIRECTED US TO ENSURE THAT EVERY STATE HAS WHAT THEY NEED, WHEN THEY NEED IT AND THE SPIRIT I HEARD AGAIN FROM REPUBLICANS AND DEMOCRATS GOVERNORS TODAY WAS REFLECTIVE OF THEIR PARTNERSHIP AS WE MOVE FORWARD TO THE PRESIDENT’S GOAL OF REOPENING AMERICA, WE EXPECT THE SAME KIND OF PARTNERSHIP IN THE INTEREST OF THE NATION >> IF YOU CAN HEAR ME THROUGH THE MASK, THE DISTRICT OF COLUMBIA ARGUES THEY WERE SHORTCHANGED IN THE FUNDING BILL BECAUSE THEY WERE TREATED AS A TERRITORY INSTEAD OF AS A STATE WILL THAT BE MADE RIGHT IN PHASE FOR? PRES. TRUMP: WE ARE LOOKING AT THAT, CERTAINLY I HEARD THAT COMPLAINT, BUT THE MAY YOUR SEEMS TO BE HAPPY WITH EVERYTHING WE HAVE DONE SHE WAS ON TODAY SAYING GOOD THINGS >> YOU TALKED ABOUT THIS BEING THE MOST DIFFICULT DECISION YOU WILL HAVE TO MAKE ABOUT WHETHER TO REOPEN THE ECONOMY I WONDER HOW MUCH IT WEIGHS ON YOUR MIND, IF THERE IS A SECOND WAVE, YOU REOPEN THE ECONOMY, YOU MIGHT HAVE TO SHUT THINGS DOWN AGAIN PRES. TRUMP: I HOPE THAT WON’T HAPPEN, BUT IT DOES WEIGH ON MY MIND IN THE BACK, GO AHEAD >> QUESTION FROM ONE OF MY COLLEAGUES WHO WASN’T ABLE TO BE HERE CHINA DEPLOYED AN AIRCRAFT CARRIER IN THE SOUTH CHINA SEA THIS WEEKEND AMID CLAIMS BY CHINESE STATE MEDIA THAT COVID HAS REFUSED [INDISCERNIBLE] RESIDENTS IN THE REGION WHAT RESPONSES ARE YOU THINKING OF? WILL YOU HAVE A RESPONSE TO THIS ACTION? PRES. TRUMP: CHINA HAS THEIR OWN DIFFICULTIES WE HAVE A RELATIONSHIP WITH CHINA THAT WE ARE NOT HAPPY WITH CERTAIN THINGS THAT HAPPENED OVER THE LAST PERIOD OF TIME I HAVE BEEN EXPLICIT ON THAT BUT WE KNOW ALL ABOUT THAT AND CHINA, WE HAVE SEEN WHAT THEY DID AND WE HAVE SEEN MANY OTHER THINGS THEY HAVE DONE, BOTH PRO AND CON, AND WE WILL BE JUST FINE >> WHERE YOU SAID THE ECONOMIC TASK FORCE, YOU THOUGHT THE RECOMMENDATIONS WERE HAPPENING EARLIER THAN EXPECTED, DID YOU MEAN TO SUGGEST IT COULD BE BOOM FOR — BEFORE MAY 1? PRES. TRUMP: WE WILL PUT OUT GUIDELINES AND RECOMMENDATIONS FAIRLY QUICKLY, IN A FEW DAYS CERTAIN STATES ARE DOING VERY WELL PARTS OF THE COUNTRY ARE DOING VERY WELL THEY ARE DOING REALLY VERY WELL WE WILL PUT OUT RECOMMENDATIONS AND GUIDELINES VERY SOON >> WILL THEY FIT EACH AREA OR WILL THEY BE — PRES. TRUMP: RIGHT NOW WE HAVE A VERY STRONG INDICATION THAT WE KNOW PRETTY MUCH, WE HAVE SOME GOOD IDEAS I DO WANT, WE WILL HAVE VIDEOCONFERENCE OR AT LEAST A CONFERENCE CALL WITH A LOT OF GOOD PEOPLE HAVING TO DO WITH CERTAIN FIELDS, WHETHER IT IS ENERGY, ENTERTAINMENT AND RESTAURANTS, ETC., WE HAVE TO GET PAPAL BACK INTO RESTAURANTS — PEOPLE BACK INTO RESTAURANTS IT SHOULD BE DEDUCTIBILITY, YOU WILL GET THEM BACK SO FAST THEY USED TO HAVE DEDUCTIBILITY THE RESTAURANT BUSINESS, IT WAS ONE OF THE HOT IS MRS THEN THEY ENDED IT A LONG TIME AGO, MANY YEARS AGO BUT WE MAY

NEED THAT TO GET PEOPLE BACK INTO THE RESTAURANT >> MUCH — MICHELLE OBAMA ADVOCATED MAIL-IN VOTING IS A POSSIBLE SOLUTION SHE SAID IT SHOULDN’T BE A PARTISAN ISSUE HAVE YOUR ADVISORS TOLD YOU THAT COULD SAVE LIVES? PRES. TRUMP: ABSENTEE BALLOTS? I DON’T KNOW WHAT SHE DID I DIDN’T SEE THAT WHEN DID THAT HAPPEN? TODAY? I WISH HER A LOT OF LUCK >> THERE IS A LITTLE BIT OF CONFUSION ABOUT YOUR PHONE CALLS YESTERDAY WITH PRESIDENT PUTIN THE KREMLIN SAYS YOU DISCUSSED CURRENT ISSUES OF ENSURING STRATEGIC SECURITY THAT WASN’T REFERRED TO IN THE WHITE HOUSE READOUT CAN YOU ENLIGHTEN US? PRES. TRUMP: WE DISCUSSED ANY THINGS WE DISCUSSED CHINA, WE DISCUSSED MANY DIFFERENT THINGS BUT IT WAS PRIMARILY A CALL ON THE OIL, AS YOU CAN IMAGINE THEY WERE VERY HELPFUL IN GETTING A STABILIZATION OF THE NUMBER OF BARRELS I THINK THE NUMBER WILL BE CLOSER TO 20, MAYBE 15 BUT CLOSER TO 20 THAN IT IS TO 10 I THINK IT WAS AN IMPORTANT CALL I SPOKE WITH THE KING OF SAUDI ARABIA AND THAT WAS AN IMPORTANT CALL AND THE BOTTOM NINE IS OPEC PLUS, IT IS CALLED OPEC PLUS BECAUSE THERE ARE OTHER STATES, OTHER NATIONS WE CAME TO A GOOD AGREEMENT >> WHAT WAS THE PART ABOUT STRATEGIC SECURITY PRES. TRUMP: MOSTLY WE WERE TALKING ABOUT CHINA WE WERE TALKING ABOUT THEIR BORDERS WE WERE TALKING ABOUT OUR BORDERS A LITTLE BIT, OUR BORDERS WITH MEXICO BECAUSE AS YOU KNOW MEXICO WAS A BIG PART OF THE DEAL MEXICO REALLY, IT WAS COMPLEX FROM THE STANDPOINT OF MEXICO IT WASN’T AN EASY DEAL WE APPRECIATED A CERTAIN AMOUNT OF FLEXIBILITY BUT WE TALKED ABOUT BORDERS, CHINA, MEXICO, WE DID TALK ABOUT THE ARMS, YES WE DID THAT WAS AN IMPORTANT PART OF THE CALL >> ON ABBOTT LABS YOU SAID TESTING IS GOING GREAT WE KNOW [INDISCERNIBLE] SOME GOVERNORS ARE SAYING THEY DON’T HAVE THE MATERIALS PRES. TRUMP: THE GOVERNORS HAVE TO GET THE MATERIALS IF THEY CAN’T GET IT THEY WILL SEE US I’M TALKING ABOUT GOVERNORS HAVE TO GET THE MATERIALS THEY HAVE MACHINES WE WILL GO INTO IT, THEY HAVE POWERFUL MACHINES THAT THEY DON’T EVEN KNOW THEY HAVE I’M TALKING ABOUT THE GOVERNORS THE HAVE MACHINES THAT ARE USED FOR THIS, YOU KNOW WHAT I AM REFERRING TO, VERY POWERFUL MACHINES WHERE IN A CERTAIN STATE’S CASE, THEY ARE ONLY USING 10% OF THEIR CAPACITY AND THEY DIDN’T KNOW IT THAT HAPPENS TO BE ILLINOIS >> 15 MINUTE TESTING, THESE NEW ONES IN THE ROSE GARDEN, THEY SAY INCLUDING GOVERNOR SUNUNU, THEY DON’T HAVE THE CARTRIDGES TO CONDUCT THE TESTS WHEN WILL THEY GET THE CON — THE CARTRIDGES? PRES. TRUMP: RAPIDLY INCREASING THE NUMBERS RAPIDLY INCREASE THEY HAVE OTHER MACHINES WHERE THEY CAN REALLY WORK AND A LOT OF STATES HAVE THE BIG MACHINES THAT CAN DO A LOT, THEY DIDN’T EVEN KNOW THEY HAD THEM THEY DIDN’T EVEN KNOW THEY HAD THEM MIKE WILL BE TALKING ABOUT THAT >> YOU MENTIONED THE GOOGLE PUTTING TOGETHER A WEBSITE WHERE THEY WOULD HANDLE — PRES. TRUMP: GOOGLE AND APPLE GOOGLE AND APPLE A LOT OF PEOPLE DON’T LIKE IT FROM THE STANDPOINT OF CONSTITUTIONAL RIGHTS A LOT OF PEOPLE DON’T LIKE IT AND SOME PEOPLE THINK IT IS GREAT THEY ARE WORKING ON IT >> ATTESTING WEBSITE FOR GOOGLE — A TESTING WEBSITE IN GOOGLE’S ONLY OPERATING IN FIVE COUNTIES IN CALIFORNIA PRES. TRUMP: GOOGLE IS WORKING WITH APPLE ON SOMETHING WE HAVE THE GREATEST COMPANIES IN THE WORLD LOOKING AT RINGS THAT, IN A YEAR FROM NOW, EVERYTHING WE WILL BE LOOKING AT NOW WE WILL BE OBSOLETE THAT IS HOW GOOD IT IS I SAW A PRESENTATION TODAY THAT I CAN’T TALK ABOUT YET BUT IT IS INCREDIBLE TONY, I THINK THEY ARE DOING WELL ON THE VACCINES, WORKING HARD ON THE VACCINES AND I THINK YOU WILL HAVE AN ANSWER FOR VACCINES I BELIEVE THERE ARE GREAT THINGS COMING OUT WITH RESPECT TO THAT YOU NEED TESTING BUT YOU WILL HAVE SOME GREAT THINGS >> YOU ARE SAYING GOOGLE AND APPLE ARE DOING — PRES. TRUMP: THIS IS THE GOOGLE AND APPLE I DON’T KNOW IF IT IS A PARTNERSHIP OR WHAT BUT THEY ARE WORKING ON MORE THAN ONE ELEMENT THEY ARE WORKING ON A COUPLE THINGS, GOOGLE AND APPLE GOOGLE IS WORKING ON SOMETHING HAVING TO DO WITH TESTING I BELIEVE THEY ARE DOING THAT IN A SINGULAR FASHION >> I QUESTION IS AT ABOUT THE DRIVE-THROUGH TESTING WEBSITE THE CONTACT TRACING, THEY HAVE THIS PROCESS WHERE THEY CAN PUT CONTACTS, IF YOU OPT IN YOU CAN BE ALERTED IF YOU HAVE BEEN IN CONTACT WITH SOMEONE WITH CORONAVIRUS PRES. TRUMP: THAT IS AN AMAZING THING BUT PEOPLE HAVE BIG

CONSTITUTIONAL PROBLEMS WITH IT IT IS AN AMAZING THING IT WOULD ACTUALLY BE, OTHER COUNTRIES ARE THINKING ABOUT USING SOMETHING SIMILAR BUT NOT AS GOOD >> OTHER COUNTRIES ARE THINKING — PRES. TRUMP: I HEARD SINGAPORE IS SINGAPORE HAD A SETBACK BECAUSE THEY HAD A BREAK BUT THEY WILL TAKE CARE OF IT I KNOW FOLKS IN SINGAPORE THAT DON’T — THAT WHAT RATE JOB AND IT WILL PUT IT BACK QUICKLY SINGAPORE AND OTHER COUNTRIES ARE LOOKING AT OTHER THINGS AND SOME COUNTRIES ARE DOING OTHER THINGS >> WOULD YOU PREFER AMERICANS — PRES. TRUMP: I DON’T WANT TO GET INTO THAT BECAUSE WE HAVE MORE OF A CONSTITUTIONAL PROBLEM THAN A MECHANICAL PROBLEM BUT WE WILL MAKING A DETERMINATION ON THAT THAT IS SOMETHING WE WILL BE DISCUSSING WITH A LOT OF PEOPLE OVER THE NEXT FOUR WEEKS A LOT OF PEOPLE HAVE A PROBLEM WITH IT >> ATTESTING QUESTION, — A TESTING QUESTION, CAN YOU TALK ABOUT THE ANTIBODIES — PRES. TRUMP: MOVING ALONG QUICKLY, MOVING ALONG WELL IT IS A TEST THAT HAS BEEN GOING ALONG FOR MANY YEARS EXCEPT NOW WE HAVE VERY MODERN, INCREDIBLE VERSIONS OF IT THAT IS MOVING ALONG THE ANTIBODY TEST IS MOVING ALONG VERY WELL ANYMORE COVID-19? COVID-19 >> [INDISCERNIBLE] THEODORE ROOSEVELT HAS DIED PRES. TRUMP: THAT IS GOING THROUGH THE NAVY THE NAVY IS GOING TO BE MAKING DECISIONS ON THAT I DON’T THINK THE SHIP SHOULD HAVE BEEN STOPPING IN VIETNAM WHEN YOU HAVE A PANDEMIC, TO BE HONEST I DON’T THINK THE CAPTAIN SHOULD HAVE BEEN WRITING LETTERS HE IS NOT ERNEST HEMINGWAY, AS I SAID I DON’T KNOW WHO GAVE THE ORDERS TO STOP IN VIETNAM, BUT THEY STOPPED IN VIETNAM AND ALL OF A SUDDEN, THEY GET ON AND NOW YOU HAVE OVER 500 SAILORS AND PEOPLE ON THE SHIP THAT ARE AFFECTED I DON’T KNOW WHOSE IDEA THAT WAS THE THAT WASN’T A GOOD IDEA IN THE MIDDLE OF A PANDEMIC >> ON THE QUESTION OF CONSTITUTIONALITY, I’M WONDERING WHAT CHANGED YOUR VIEW PRES. TRUMP: NOTHING CHANGES THE FACT THAT I WANT TO RELY ON STATES OR MAYBE WILL OR MAYBE HAVE AND THE FACT — THAT IS ONE THING THE FACT THAT I DON’T WANT TO USE THE POWER IS ANOTHER THING LOOK LOOK >> THE CONSTITUTION SAYS — PRES. TRUMP: YOU CAN LOOK AT CONSTITUTIONALLY, YOU CAN LOOK AT FEDERALISM, THE FACT THAT I DON’T WANT TO EXERT MY POWER IS MUCH DIFFERENT WE HAVE THE POWER DOES THE FEDERAL GOVERNMENT HAS — HAVE THE POWER? IT HAS ABSOLUTE POWER AS TO WHETHER OR NOT I WILL USE THAT POWER, WE WILL SEE I WOULD RATHER WORK WITH THE STATES BECAUSE I LIKE GOING DOWN TO A LOCAL GOVERNMENT THAT IS WHY, I GUESS IT IS SEVEN STATES, NOT EIGHT, SOUTH CAROLINA WENT AWAY FROM WHAT WE DISCUSSED LAST TIME THAT IS WHY I LOOKED AT THE INDIVIDUAL STATES, THEY ARE DOING A GOOD JOB THEY ARE DOING A VERY GOOD JOB I WOULD RATHER HAVE THEM MAKE THE DECISION THE FACT THAT I WOULD RATHER HAVE, THAT IS FINE BUT I HAVE THE ABSOLUTE RIGHT TO DO IF I WANT TO I MAY NOT WANT TO WE HAVE A VERY GOOD RELATIONSHIP WE WILL SEE WHAT HAPPENS IF YOU NOTICE A FEW STATES, THEY ARE ALL WITH DEMOCRAT GOVERNORS, BUT IF GOVERNORS ARE DOING A GOOD JOB AND THEY CONTROL IT BETTER BECAUSE YOU DON’T HAVE SOMEONE IN WASHINGTON SAYING SET UP A TESTING SITE IN THE PARKING LOT OF A WALMART, WE ARE IN WASHINGTON AND THEY ARE IN A STATE THAT IS VERY FAR AWAY THAT IS REALLY, IT SHOULD HAVE ALWAYS BEEN, I HAVE ALWAYS SAID IT WAS THE RELATIONSHIP WE HAVE NOW WITH THE STATES AND GOVERNORS IS VERY GOOD WE WILL BE ANNOUNCING OVER THE NEXT VERY SHORT TIME EXACTLY WHAT WE WILL BE DOING >> JOE BIDEN IS THE PRESUMPTIVE DEMOCRATIC NOMINEE DO YOU HAVE ANY PLANS ON WHEN YOU WILL START, WHEN THE WHITE HOUSE WILL SHARE SOME OF THAT INFORMATION ABOUT CORONAVIRUS? PRES. TRUMP: NO ONE HAS CALLED ABOUT CORONAVIRUS FROM THEIR STANDPOINT THEY HAD THE H1N1, SWINE FLU, AND THAT WAS A BIG FAILURE THAT WAS A TREMENDOUS FAILURE THEY HAD A LOT OF FAILURES YOU TAKE A LOOK AT THE HISTORY AND 17,000 PEOPLE DIED AND YOU TALK ABOUT LATE, THEY WERE SO LATE, THEY WERE LATE LIKE IT NEVER EVEN EXISTED THAT WAS A BIG PROBLEM IT CAUSED A LOT OF OTHER PEOPLE A BIG PROBLEM IF JOE BIDEN WOULD LIKE A BRIEFING, I WOULD CERTAINLY GET HIM A BRIEFING I DON’T KNOW WHAT HE WOULD DO WITH IT >> ON THE NEWS TASK FORCE, HOW WOULD YOU [INDISCERNIBLE] PRES. TRUMP: THEY ARE NOT GO AHEAD >> AN EARLIER CONVERSATION, THERE WAS THE MENTION OF MULTIPLE DIFFERENT TASK FORCES CAN YOU EXPLAIN THE STRUCTURE?

PRES. TRUMP: MY TASK IS THE WHITE HOUSE TASK FORCE WHICH BROUGHT UP — BROUGHT US UP TO THIS POINT BRILLIANTLY, DEALT WITH GOVERNORS AND GOVERNORS ALL THE WAY THROUGH AND I WAS ON MANY OF THOSE CALLS AND EVERY CALL GOT BETTER AND BETTER IT WAS HOSTILE IN THE BEGINNING BY THE TIME WE FINISHED, TODAY’S CALL WAS A VERY GOOD CALL, VERY FRIENDLY CALL I THINK EVERYONE IS ONLINE YOU DON’T HAVE ANYBODY DRIVING YOU CRAZY SAYING THEY ARE NOT GETTING VENTILATORS AND NOT GETTING, THEY NEED MORE BEDS, THEY HAVE A LOT OF BEDS RIGHT NOW WE ALWAYS COME I THINK IT IS IMPORTANT, WE ARE ALWAYS ON THE SIDE OF GIVE THEM MORE, EVEN WHEN WE DIDN’T THINK — WE DIDN’T THINK NEW YORK NEEDED THE BEDS THEY WERE ASKING FOR WE DIDN’T THINK THEY NEITHER THE VENTILATORS WE WERE RIGHT ON VENTILATORS, WE ARE READY TO MARCH WE HAVE 10,000 VENTILATORS, READY TO MOVE THEM ANYWHERE IN THE COUNTRY IF WE NEED THEM WE ARE ALSO BUILDING A LOT OF VENTILATORS, AND THAT IS GOING TO BE USED AT SOME POINT WE WILL HAVE STOCKPILES INCLUDING STATE STOCKPILES IF THEY WANT TO WORK OUT SOME KIND OF ARRANGEMENT WITH US WE WILL ALSO HELP OTHER COUNTRIES, ITALY AND SPAIN AND FRANCE IS HAVING A BIG PROBLEM THEY DESPERATELY NEED, GERMANY, THEY NEED VENTILATORS WE WILL HAVE A LOT OF VENTILATORS WE HAVE A LOT COMING NEXT WEEK FINAL QUESTION >> [INDISCERNIBLE] HOW THE TASK FORCE IS GOING TO BE STRUCTURED? PRES. TRUMP: WE HAVE A NUMBER OF COMMITTEES WE WILL HAVE A TRANSPORTATION COMMITTEE, WE ARE GOING TO HAVE A MANUFACTURING COMMITTEE YOU WILL SEE IT TOMORROW WE ARE HAVING A RELIGIOUS LEADERS COMMITTEE WE HAVE A GREAT GROUP OF RELIGIOUS LEADERS WE WILL HAVE COMMITTEES WITH RELIGIOUS LEADERS YOU HAVE SEEN WHAT HAS GONE ON WITH THE CHURCHES AND ALL OF THAT WE WILL HAVE A FAITH LEADERS COMMITTEE WE ARE GOING TO HAVE A FEW COMMITTEES, I WILL CALL THEM COMMITTEES, AND ULTIMATELY WE WILL MAKE DECISIONS AND WE WILL MAKE DECISIONS FAIRLY QUICKLY AND I THINK THEY WILL BE THE CORRECT DECISION >> WENDY DO YOU WANT THE ECONOMIC TASK FORCE TO HAVE RECOMMENDATIONS? PRES. TRUMP: SOON WHEN YOU SAY FORM, I DON’T HAVE TO GIVE THEM INSTRUCTIONS THESE ARE THE BEST PEOPLE IN THEIR FIELDS I DON’T HAVE TO SAY, WE JUST MET AND WE WILL MEET IN TWO WEEKS AND HERE IS — I SAID, HERE IS WHAT I WANT WE HAVE ALREADY TOLD THEM THE BEST NAMES IN VARIOUS BUSINESSES AND PROFESSIONS AND RELIGIONS COMEDIES OF THE GREATEST NAMES, THE PEOPLE I THINK PROBABLY KNOW THE BEST WE WILL BE SPEAKING TO THEM VERY SOON AND WE WANT THEM TO HAVE, IF IT IS QUESTIONS OR STATEMENTS, WE WANT THEM TO HAVE THAT FOR US AND WE WILL HAVE RESPONSE OR MAY BECOME A IDEALLY WE WILL BE LEARNING FROM THEM AND WE WILL BE ABLE TO DO THAT AND PUT EVERYTHING WE LEARNED FROM THOSE CALLS INTO OUR NEW GUIDELINES SO WE WILL HAVE NEW GUIDELINES COMING SOON I THINK IT IS GOING TO BE VERY GOOD I THINK IT IS GOING TO BE VERY SMOOTH AND I HOPE IT IS GOING TO BE VERY SAFE THANK YOU ALL VERY MUCH STANLEY IS A FRIEND OF MINE FOR A LONG TIME HE IS A GREAT REAL ESTATE PERSON HE PASSED AWAY, WAS A GREAT REAL ESTATE PERSON, GREAT, GREAT SORT OF A LEGEND IN NEW YORK REAL ESTATE HE CALLED ME A COUPLE WEEKS AGO, SAID HE TESTED POSITIVE STANLEY IS IN HIS EARLY TO MID 80’S, I GUESS, AND STANLEY WENT TO THE HOSPITAL AND HE NEVER CAME OUT HE WENT INTO A COMA HE WAS UNCONSCIOUS FOR A LONG TIME AND HE NEVER MADE IT A GREAT MAN HE LEFT VERY CHARITABLE, REALLY A GREAT PHILANTHROPIST, VERY SUCCESSFUL PERSON IN MANHATTAN IN THE REAL ESTATE BUSINESS SO I GOT TO KNOW HIM A LOT HE WAS SO EXCITED WHEN HIS FRIEND FROM NEW YORK BECAME THE PRESIDENT OF THE UNITED STATES HE WAS LIKE A YOUNG BOY AND HE WAS NOT A YOUNG BOY, BUT HE WAS LIKE A YOUNG BOY HE WAS SO EXCITED HE THOUGHT I WOULD DO SUCH A GOOD JOB AND HE WAS SO HAPPY AND HE WAS VERY PROUD OF WHAT WE HAVE DONE IN THIS ADMINISTRATION BUT HE WAS TESTED POSITIVE AND UNFORTUNATELY, HE DIDN’T MAKE IT IT IS A VERY SAD THING THANK YOU ALL VERY MUCH >> THANK YOU, MR. PRESIDENT AS THE PRESIDENT MENTIONED, THE TASK FORCE TODAY SPOKE TO 48 OF THE NATION’S GOVERNORS ON THAT CALL WE REFLECTED ON THE FACT THAT ALL 50 STATES HAD EMERGENCY DECLARATIONS IN PLACE, WHICH WAS A FIRST FOR AMERICAN HISTORY, FIVE $.2 BILLION HAVE BEEN DISTRIBUTED TO THE STATES UNDER THE STAFFORD ACT AND IT

WAS A PRODUCTIVE CALL AND REFLECTIVE OF PRESIDENT TRUMP’S ONGOING DIRECTION FOR US TO WORK CLOSELY WITH THE STATES TO MAKE SURE THE STATES IN THE AREAS MOST IMPACTED BY CORONAVIRUS HAVE WHAT THEY NEED WHEN THEY NEED IT WE SPOKE ABOUT THE ISSUE OF TESTING AND SUPPLIES, AND I WILL ASK DR. DEBORAH BIRX TO COME FORWARD, AS WELL AS ADMIRALTY LAW CHECK — AS WELL AS THE ADMIRAL TO REFLECT ON THAT FOR YOU DR. BIRX HAS BEEN LEADING THE TASK FORCE ON RAPIDLY EXPANDING TESTING IT WAS EARLY ON THAT THE PRESIDENT FORMED THE PUBLIC-PRIVATE PARTNERSHIP WITH COMMERCIAL LABS AND AS WE STAND HERE TODAY, MORE THAN 2.5 MILLION TESTS HAVE BEEN PERFORMED AND WHEN WE ADD IN THE ESTIMATES, OF LABS THAT WE HAVE TO ASSUME WITH REASONABLE PROTECTIONS — PROJECTIONS, HAVE NOT REPORTED TO THE CDC, WE THINK THE NUMBER COULD BE CLOSER TO 3 MILLION TESTS THAT HAVE BEEN PERFORMED AS HAS BEEN MENTIONED, THE NEW 15 MINUTE TEST, WE ARE WORKING CLOSELY WITH ABBOTT LABORATORIES AND THE PRESIDENT AND OUR TEAM MET WITH THEM TO RAPIDLY INCREASE THE AVAILABILITY OF CARTRIDGES ABBOTT IS PRODUCING ROUGHLY 50,000 CARTRIDGES A DAY FEMA ACQUIRED AN INITIAL SUPPLY OF THAT AND DISTRIBUTED THOSE TO THE STATES BUT WE ARE WORKING WITH THE STATES CANNOT ONLY DISTRIBUTE WHAT IS BEING MADE BUT WORK WITH OTHER SUPPLIERS TO CREATE ADDITIONAL CARTRIDGES A POINT I WILL ASK DR. BIRX TO EXPAND ON IN A MOMENT IS THE FACT THAT BEYOND THE NEW 15 MINUTE TEST, BEYOND WHAT WE EXPECT, A NEW ANTIBODY TEST WHICH MAY WELL BE APPROVED BY THE FDA IN A MATTER OF DAYS, AND ANTIBODY TEST THAT WOULD BE PRODUCED AT THE RATE OF 20 MILLION TESTS A MONTH, THE REALITY IS THAT THOSE COMMERCIAL LABORATORIES THAT THE PRESIDENT BROUGHT IN HERE ABOUT A PART OF TWO MONTHS AGO AND INITIATED THAT PUBLIC AND PRIVATE PARTNERSHIP WITH, HAVE BEEN PRODUCING HUNDREDS OF THOUSANDS OF TESTS EVERY SINGLE WEEK BUT AS DR. BIRX AND OUR TEAM HAVE APPREHENDED, WE BELIEVE AT THIS POINT IN TIME, THAT OF THE EQUIPMENT THAT IS OUT THERE THAT DOES THE HIGH-SPEED TESTING, WE INFORMED GOVERNORS OF THIS TODAY, WE THINK THAT SOME 20% OF THAT CAPACITY IS NOT BEING USED, AND WITH REGARD TO THE ABBOTT N-2000 SYSTEMS, WE THINK 75% OF THAT LABORATORY CAPACITY THAT EXISTS IN THE UNITED STATES TODAY IS NOT BEING UTILIZED BY OUR GOVERNORS WE SENT A VERY CLEAR MESSAGE TO GOVERNORS TODAY TO REACH OUT TO THEIR HOSPITALS AND LABS, TO IDENTIFY THE PRESENCE OF THE SUPPLIES TO GET THOSE ACTIVATED WE LITERALLY ASKED HIM — ESTIMATE, ALTHOUGH WE ARE DOING OVER 110 THOUSAND TESTS PER DAY, THE UNITED STATES, THAT IF OUR GOVERNORS AND STATE LABS WOULD SIMPLY ACTIVATE THE MACHINES THAT ARE ALREADY THERE, WE COULD DOUBLE THE AMOUNT OF TESTING IN THE UNITED STATES LITERALLY OVERNIGHT I KNOW GOVERNORS WATCH THESE BRIEFINGS AND WE WILL REMIND THEM VERY RESPECTFULLY AGAIN TO IDENTIFY THOSE LABS WE HAVE A TEAM THAT IS REACHING OUT TO LABS TO MAKE SURE WE CAN ACTIVATE THOSE LABS ON THE SUBJECT OF SUPPLIES, I HAVE SAID IT A COUPLE TIMES FROM THIS PODIUM TODAY, BUT LET ME SAY THAT ONE MORE TIME, PRESIDENT TRUMP’S DIRECTION TO US IN DEALING WITH THE STATES HAS BEEN TO MAKE SURE STATES HAVE WHAT THEY NEED WHEN THEY NEED IT WE RECOGNIZE THAT WHILE WE ALL WATCH THE OVERALL CURVE OF THE CORONAVIRUS IN AMERICA, UNDERSTANDABLY THE NATIONAL NUMBERS, THE REALITY IS, THIS OUTBREAK HAS TAKEN PLACE IN ITS OWN INDIVIDUAL CURVE FIRST ON THE WEST COAST, THEN THE NEW YORK CITY AREA, THEN LOUISIANA, MICHIGAN, AND WE CONTINUE TO CONTEND WITH IT IN CHICAGO AND HOUSTON AND OTHER METROPOLITAN AREAS IT HAS GIVEN US THE OPPORTUNITY TO ENSURE THAT PERSONAL PROTECTIVE EQUIPMENT AND VENTILATORS ARE MADE AVAILABLE ON A CRITICAL BASIS AND I HAVE TO TELL YOU WE ARE INCREDIBLY PROUD OF THE EFFORT, THE PARTNERSHIP WITH STATES THAT HAS

US STANDING HERE TODAY, THAT NO ONE WHO HAS REQUIRED A VENTILATOR HAS BEEN DENIED A VENTILATOR IN THE UNITED STATES OF AMERICA AT THIS POINT, WE HAVE JUST SHORT OF 7000 VENTILATORS IN STRATEGIC NATIONAL STOCKPILE BUT AS THE ADMIRAL WILL DETAIL, WE ARE BEGINNING TO RECEIVE NEWLY MANUFACTURED VENTILATORS WE WILL GET ANOTHER 1000 IN THIS WEEK BY THE MIDDLE OF MAY WE WILL LITERALLY HAVE ANOTHER 8000 VENTILATORS AVAILABLE FOR DEPLOYMENT AROUND THE COUNTRY I’M GOING TO LET HIM DESCRIBE TO YOU THE SPECIFIC DETAILING OF THOSE RESOURCES, BUT I WANT TO SHARE THESE NUMBERS, MOST ESPECIALLY FOR OUR HEALTH CARE WORKERS AROUND THE COUNTRY, THE AREAS MOST IMPACTED BY THE CORONAVIRUS, THE RESOURCES ARE SURGING INTO THE HOSPITAL SYSTEMS AT THE POINT OF THE NEED, AND WE WILL CONTINUE TO DO JUST THAT LET ME RECOGNIZE DR. BIRX TO REFLECT ON THE DATA AND ALSO ON MAY BE SOME COMMENTS ON TESTING, THEN THE ADMIRAL, IF YOU WOULD STEP UP AND DESCRIBE SUPPLIES WE WILL HEAR FROM DR. FAUCI AGAIN THEN TAKE QUESTIONS DR. BIRX: I DON’T KNOW IF WE CAN GET THE FIRST SLIDE ON CUMULATIVE CASES, THANK YOU SO MUCH I WANT TO SHOW YOU A DIFFERENT WAY OF LOOKING AT IT TODAY OBVIOUSLY WE LOOK AT CASE COUNTS PER 100,000 AMERICANS IN EACH OF OUR STATES AND METRO AREAS I WANTED YOU TO SEE AN ABSOLUTE NUMBER, HOW MUCH THE NEW YORK-NEW JERSEY METRO AREA DWARFS ALL OTHER METRO AREAS YOU CAN’T EVEN SEE CHICAGO, DETROIT, OR BOSTON ALL OF THOSE METRO AREAS ARE UNDER 25,000 CASES YOU CAN SEE THE NEW YORK-NEW JERSEY METRO AREA IS ALMOST 250,000, WHEN YOU BRING THOSE CASES TOGETHER THAT IS WHY YOU HEAR US TALKING A LOT ABOUT THE METRO AREA OF NEW YORK AND NEW JERSEY AND THE COUNTIES OF ROCKLAND AND WESTCHESTER AND SUFFOLK AND NASSAU AND BERGEN, NEW JERSEY, AND WHY WE ARE FOCUSED ON GETTING THESE SOURCES TO THE METRO AREA THE NEXT SLIDE — IF I TAKE NEW YORK AND NEW JERSEY METRO AREA OUTCOME OF THESE ARE THE OTHER METRO AREAS WE HAVE BEEN TRACKING VERY CLOSELY I WANTED TO SHOW THIS TO YOU SO YOU COULD SEE HOW THOSE CURVES ARE ALREADY STARTING TO PLATEAU IF YOU LOOK AT DETROIT, PHILADELPHIA, LOUISIANA, LOUISIANA IS IN GREEN, DETROIT IS IN GRAY, YOU CAN SEE ACROSS THE BOARD, ACROSS THESE METRO AREAS, A HIGHER CONCENTRATION OF INDIVIDUALS THIS IS WHAT THE AMERICAN PEOPLE IN THESE LARGE CITIES HAVE DONE, WHERE IT IS MORE DIFFICULT OFTEN TO SOCIALLY DISTANCE WE ARE REALLY IMPRESSED BY THE WORK OF THE MAYORS AND THE GOVERNORS TO MAKE THIS HAPPEN I ALSO WANTED YOU TO SEE THIS BECAUSE YOU CAN CLEARLY SEE CHICAGO AND BOSTON CHICAGO IS IN THE ORANGE AND BOSTON IS IN THE YELLOW THEY ARE CROSSING DETROIT AND THAT IS WHY WE HAVE BEEN VERY MUCH FOCUSED ON THE NEEDS OF THOSE AREAS PROVIDENCE IS ALSO IN THAT CATEGORY, IT IS DIFFICULT FOR YOU TO SEE THEM BECAUSE THEY ARE MUCH FURTHER DOWN ON THE SLIDE AT THE HIGHEST, IF YOU LOOK AT THE ACCESS ON THIS SLIDE — THE AXIS ON THIS SLIDE, WAS 20,000 ON THE OTHER SIDE IT IS 300,000 EACH OF THESE EPIDEMICS, THE SMALL EPIDEMICS IN EACH OF THE METRO AREAS, WE ARE TRACKING INDEPENDENTLY, AS WELL AS ANY EPIDEMICS AND OUTBREAKS THAT ARE HAPPENING IN OTHER STATES I WANTED YOU TO HAVE THAT PERSPECTIVE OF HOW SIGNIFICANT THE NEW YORK-NEW JERSEY ISSUE IS AND WHY WE HAVE BEEN TRACKING THAT SO CLOSELY I ALSO WANTED TO ASSURE ALL THE OTHER STATES THAT WE ARE TRACKING THEM ALSO VERY CLOSELY I AM REALLY WORKING WITH THE GOVERNORS AND MAYORS AND THAT IS WHY I WANTED TO SEE, NOT ONLY ARE THE CURVES FLATTENING IN MAJOR METROPOLITAN AREAS BUT THEY ARE STARTING TO DECREASE THIS IS WHAT WE ARE EXCITED ABOUT THESE ARE CASES WE KNOW MORTALITY WILL LAG AND WE ARE REALLY TRACKING ALSO THE NUMBER OF INDIVIDUALS WHO HAVE SUCCUMBED TO COVID-19 I WANTED TO NOTE THAT YES, OUR MORTALITY IS LESS WHEN YOU COMBINE EUROPEAN COUNTRIES EQUAL TO THE SIZE OF THE UNITED STATES, AND I THINK THIS IS REALLY TWO THINGS NUMBER ONE, THE INCREDIBLE WORK OF THE AMERICAN PEOPLE, AND ALSO THE INCREDIBLE WORK OF OUR HEALTH CAREER — HEALTH CARE PROVIDERS THE SYSTEMS OF EACH OF THESE HOSPITALS THAT HAVE THE

RESOURCES AND THE ABILITY TO RESPOND TO THE NEEDS OF THE COVID-19 PATIENTS YOU CAN REALLY SEE THE SUPERB HEALTH CARE DELIVERY THAT IS HAPPENING BY THE LOW MORTALITY TO MENTION QUICKLY ABOUT TESTING, BECAUSE YOU HAVE HEARD ME BEFORE TALK ABOUT IT AND THEN IT WAS A LITTLE BIT MISQUOTED AND MISALIGNED, BUT THERE ARE MULTIPLE ABBOTT MACHINES, I WILL BE VERY CLEAR, HAVING SPENT YEARS IN THE LABORATORY, THE 6800 AND 8800 MACHINES AND THE ABBOTT M-2000 ARE THE MACHINES THAT RUN BETWEEN 500 AND 1000 ASSAYS AT A TIME THE ABBOTT COMPANY WORKED REALLY HARD THREE WEEKS AGO IN GETTING ONE MILLION TESTS OUT THERE TO BE UTILIZED, AND THEY CAN MAKE A MILLION TESTS A WEEK FOR ALL OF OUR LABORATORIES THAT HAVE THESE PLATFORMS SO FAR TO DATE, SOMEWHERE AROUND 200 50,000 TESTS HAVE BEEN UTILIZED IN THREE WEEKS THAT IS WHY WE HAVE BEEN APPEALING TO THE LABORATORY DIRECTORS TO BRING ALL THOSE MACHINES LAST WEEK DR. FAUCI AND HIS INCREDIBLE TEAM OF RESEARCHERS AGREED TO REACH OUT AND FIND ADDITIONAL ROCHE AND ABBOTT HIGH-THROUGHPUT MACHINES THEY ARE IN RESEARCH, DOING CRITICAL RESEARCH, TO BRING THEM ONLINE TO SEPARATE — SUPPLEMENT THE OTHER LABORATORIES, TO CREATE A MOSAIC AND COMPLETE STRATEGY THAT BRINGS THE HIGH-THROUGHPUT. FORMS WITH THE MEDIUM-THROUGHPUT THAT FORMS THAT — WITH THE LOW-THROUGHPUT BUT RAPID ID NOW, WHICH WON’T BE THE ANSWER TO NUMBER OF TESTS WE WILL NEED OVER THE NEXT FEW WEEKS THOSE RUN A TEST EVERY 15 MINUTES, AND WE CAN GET ABOUT 55,000 CARTRIDGES AND DAY — CARTRIDGES PER DAY I JUST GOT DONE SAYING THESE OTHER MACHINES, OF WHICH WE HAVE HUNDREDS, CAN RUN 500-1000 IN A SINGLE TIMEFRAME WE NEED TO BRING ALL OF THESE TOGETHER AND A TEAM HAS BEEN CREATED TO CALL EVERY LABORATORY AND RESEARCH INSTITUTION ACROSS THE UNITED STATES TO DEFINE THE COMPLETE CAPACITY IN EVERY SINGLE STATE, BECAUSE IT SHOULDN’T BE OUR EXPECTATION THAT EVERY GOVERNOR UNDERSTANDS EXACTLY EVERYTHING THAT IS IN HIS STATE WE HAVE TO UNDERSTAND EVERYTHING IN EVERY STATE TO BE ABLE TO MEET THE NEEDS OF THE AMERICAN PEOPLE AS WE INCREASE TESTING I KNOW YOU ALL KNOW THAT IN THREE WEEKS, WE WENT FROM 300,000 TESTS TOTAL TO 3 MILLION TESTS TOTAL WE KNOW WE HAVE TO FURTHER INCREASE THAT THAT HAS BEEN DONE REALLY BY HHS AND THE ADMIRAL AND THE TEAM UP THERE AND WE WILL SUPPLEMENT THAT TEAM TO REALLY BRING ON ALL OF THE ADDITIONAL RESOURCES AND PLATFORMS THAT WE HAVE IN THE UNITED STATES OF AMERICA, JUST LIKE WE DID WITH VENTILATORS, TO BRING ALL OF THE CAPACITY TO BEAR SO WE CAN ALSO CONTINUE TO INCREASE TESTING ALSO, AS THESE EPIDEMICS DECREASE, YOU CAN ALSO BE ABLE TO USE MORE TESTING FOR SURVEILLANCE I WANT TO CALL OUT THE 19 STATES THAT AREN’T REPRESENTED IN THESE GRAPHICS BY AND LARGE, THE STATES HAVE BEEN CONTAINING I HAVE TALKED TO MANY OF THOSE STATES AND I WOULD REMIND ALL OF US, WHEN I TALK TO EACH ONE OF THESE STATE HEALTH OFFICIALS, WHERE THEY ARE FINDING OUTBREAKS ARE IN NURSING HOMES WE REALLY NEED TO CONTINUE TO PROTECT AND CONTINUED TO TEST IN NURSING HOMES, BECAUSE WE KNOW THAT IS A PARTICULARLY VULNERABLE GROUP AND IS IS A GROUPWARE OFTEN, WE ARE BEGINNING TO UNDERSTAND ASYMPTOMATIC TRANSITION NO ONE INTENDS TO PASS THE VIRUS TO OTHERS BUT WITH ESSENTIAL WORKERS AROUND THE YOUNG KNIGHTED STATES — THE UNITED STATES, PEOPLE ARE UNKNOWINGLY PASSING THE VIRUS ON THOSE ARE THE ONES THAT WE ARE INTERESTED IN FINDING HOWDY YOU FIND THEM, BECAUSE THEY DON’T HAVE SYMPTOMS? THIS IS WHERE WE REALLY HAVE TO INCREASE SURVEILLANCE IN A DELIBERATE AND UNDERSTANDING WAY WE ARE LOOKING AT WHAT OUR SENTINEL SURVEILLANCE SITES? WE CAN SEE WHERE THERE ARE OUTBREAKS WHEN PEOPLE HAVE SYMPTOMS YOU CAN SEE THEM WE DO SENTINEL SURVEILLANCE SO THEY CAN FIND THEM BEFORE THEY HAVE SYMPTOMS THIS IS WHAT WE HAVE DONE FOR DECADES IN HIV AND IT IS ALLOWING US NOW TO CONTROL THE HIV-AIDS EPIDEMIC IN SUB-SAHARAN AFRICA BECAUSE WE ARE FINDING PEOPLE WHEN THEY ARE ASYMPTOMATIC AND TREATING THEM WHEN THEY ARE ASYMPTOMATIC THIS IS SOMETHING WE ARE WORKING CLOSELY WITH THE CDC AND OTHERS ON TO MAKE SURE WE CAN BRING THAT FULL CAPACITY TO THE

AMERICAN PEOPLE THESE ARE SOME INSIGHTS ON WHAT WE ARE WORKING ON WE ARE CONTINUING TO TRACK EVERY SINGLE COUNTY AND COMMUNITY FINALLY, I WILL CALL ON ONE ADDITIONAL GROUP, THERE IS A GROUP OUT THERE OF OUR HIV-AIDS ACTIVISTS AND COMMUNITY WORKERS THAT UNDERSTAND THESE TESTS I HAVE BEEN TALKING ABOUT, THESE RNA-BASED TESTS BECAUSE THEY OFTEN GET VIRAL LOADS IN HIV THEY WILL KNOW HOW TO EXPLAIN THIS IN THE COMMUNITY ABOUT WHAT IT TAKES TO RUN THOSE THEY ARE ESSENTIALLY VIROLOGISTS THEY UNDERSTAND THE ANTIBODY ASSAYS BECAUSE THEY UTILIZE THOSE IN HIV TESTING ACROSS THE UNITED STATES MAYBE IT WILL BE OUR TRANSLATOR TO THE AMERICAN PUBLIC, AND TO THEIR LOCAL MAYORS THEY UNDERSTAND THESE TESTS, THEY ARE ESSENTIALLY UNDERSTANDING ALL THE VIROLOGY AND IMMUNOLOGY AND I AM ASKING ALL OF THEM TELL US COMMUNICATE WHAT THESE TESTS ARE SO THE COMMUNITY IS READY FOR THEM, BECAUSE ANTIBODY TESTS MEASURE SOMETHING VERY DIFFERENT THAN THE VIRAL LOAD IN THE FRONT OF YOUR NOSE THAT WE ARE USING FOR DIAGNOSIS BEING ABLE TO UNDERSTAND ALL THOSE TESTS, WHEN AND HOW TO USE THEM, WILL BE CRITICAL BUT THE GREAT THING IS IN THE UNITED STATES, WE HAVE THESE COMMUNITY GROUPS THAT UNDERSTAND THESE TESTS AND CAN DISCUSS THEM WITH THE COMMUNITY >> I’M GOING TO CALL THE ADMIRAL IN A MOMENT BUT I HAVE TO CALL ON DR. FAUCI LET ME SAY SOMETHING STRAIGHT FROM MY HEART IF I CAN I LOST MY DAD 32 YEARS AGO TODAY, APRIL 13 IS ALWAYS A TOUGH DAY FOR OUR FAMILY THIS MORNING WHEN MY BROTHERS AND SISTERS WERE SENDING PICTURES OF DAD LIKE WE ALWAYS DO, I THOUGHT OF THE FAMILIES OF THE MORE THAN 22,000 AMERICANS THAT WE HAVE LOST I JUST WANT TO TELL YOU THAT YOU ARE IN OUR HEARTS AND YOU ARE IN THE PRAYERS OF MILLIONS OF AMERICANS AS YOU DEAL WITH THIS HEARTBREAKING LOSS, AS WELL AS FAMILIES THAT HAVE FAMILY MEMBERS THAT ARE STRUGGLING WITH SERIOUS ILLNESS LET ME ENCOURAGE EVERYONE IN THE MIDST OF THAT LOSS, BECAUSE THE AMERICAN PEOPLE HAVE BEEN PUTTING THESE MITIGATION MEASURES INTO PRACTICE, THERE ARE FAMILIES THAT ARE STILL TOGETHER TODAY I JUST WANT TO ENCOURAGE YOU HERE AT ROUGHLY THE HALFWAY POINT OF 30 DAYS TO SLOW THE SPREAD, TO TAKE THAT TO HEART IN NO WAY MINIMIZE THE LOSSES WE HAVE EXPERIENCED AS A NATION AND AS FAMILIES BUT BE ENCOURAGED, WHEN YOU SEE THOSE NUMBERS, ON THE VAST MAJORITY OF STATES THAT BECAUSE OF WHAT THE AMERICAN PEOPLE ARE DOING IS WORKING, DR. FAUCI AND DR. BIRX AND THE TEAM CONTINUALLY ASK US TO REMIND THE AMERICAN PEOPLE AND WE DO SO AGAIN TODAY, KEEP DOING WHAT YOU ARE DOING 30 DAYS TO SLOW THE SPREAD WE WILL HASTEN THE DAY THAT WE HEAL OUR LAND DR. FAUCI? DR. FAUCI: I WANT TO MAKE ONE COMMENT THAT RELATED TO A QUESTION THAT WAS ASKED AND THEN WE WILL HAVE QUESTIONS THE IDEA ABOUT HOW WE WOULD EVALUATE FROM AP EARLY PUBLIC HEALTH STANDPOINT ABOUT WHAT I CALL REENTRY INTO SOME SORT OF NORMALITY, AS HELP PEOPLE I DON’T KNOW ANYTHING ABOUT, NOR DO I CLAIM TO KNOW ANYTHING ABOUT ECONOMICS THERE ARE PEOPLE WHO KNOW MORE THAN I DO WHO WILL GIVE ADVICE ABOUT THE COMMITTEES THE PRESIDENT WAS TALKING ABOUT THE ONE THING WE DO KNOW IS, AS HEALTH PEOPLE, AS PHYSICIANS AND SCIENTISTS AND PUBLIC HEALTH PEOPLE, AS I MENTIONED, OVER THE WEEKEND ON ONE OF THESE SHOWS, SOME PEOPLE MAY THINK IT WILL BE LIKE A LIGHT SWITCH, ON AND OFF, WE ARE EITHER OUT OF OR IN IT IS NOT GOING TO BE THAT WAY BECAUSE WE HAVE A LARGE COUNTRY AND THERE ARE DIFFERENT IMPACTS NEW YORK IS VERY DIFFERENT FROM OTHER PARTS OF THE COUNTRY, FROM THE MIDWEST, FROM THE MOUNTAIN REGION, CALIFORNIA AND WASHINGTON, DIFFERENT THAN NEW ORLEANS AS WE DISCUSS AND CONSIDER THE PUBLIC HEALTH ASPECTS, IT LIKELY WOULD BE SOMETHING I REFER TO AS SORT OF LIKE A ROLLING REENTRY IT WON’T BE ONE-SIZE-FITS-ALL I DON’T KNOW WHAT IS GOING TO BE YET BECAUSE WE STILL HAVE TIME TO LOOK AT IT DR. BIRX DOES AN AMAZING JOB WITH SHOWING YOU THE DATA AND THE CHARTS THAT IS GOING TO LIKELY INFLUENCE SOME OF THE RECOMMENDATIONS THAT WE WILL MAKE, BUT I CAN ASSURE YOU, THEY

WILL BE RECOMMENDATIONS THAT WILL BE BASED ON PUBLIC HEALTH AND THE PRESIDENT WILL GET A LOT OF OTHER INPUT FROM OTHERS BUT WE WILL GIVE THE HONEST PUBLIC HEALTH RECOMMENDATIONS >> THE ADMIRAL HAS AN UPDATE ON SUPPLIES, THEN WE WILL TAKE A FEW QUESTIONS >> CAN I HAVE THE VENTILATOR SLIDE BACK UP? THANK YOU YOU START WITH WHAT IS IN THE STOCKPILE THIS MORNING AND HERE IS THE CONTRACTS THAT WE WILL BE DELIVERING OVER THE NEXT FEW WEEKS WE HAD A THOUSAND 600 VENTILATORS ADDED TO THE POOL THAT WE ALREADY HAVE THAT IS THE MATTHEW GET — THE MATH YOU GET THAT IS INCLUDING THE DPA ACTION WITH GM AND WE HAVE ALSO ISSUED WHAT WOULD BE CALL RATED ORDERS WITH ALL THESE VENDORS TO ALLOW THEM PRIVILEGES, SO TO SPEAK, WITHIN THEIR SUPPLY CHAINS WE HAVE WRITTEN A CONTRACT, THIS IS THE 100,000 PLUS VENTILATORS WE ARE TALKING ABOUT AND WE CONTINUE TO WORK WITH THEM TO ENSURE THE VENTILATORS ACTUALLY SHOW UP SO THEY CONTINUE TO WORK THERE AS WE DID THAT, WE REALIZE DOWNSTREAM, SUPPLY CHAINS NEED ADDITIONAL DEFENSE PRODUCTION ACT WORK, AS WELL GOING TO THE AVERAGE, 80 FLIGHTS SCHEDULED, 37 COMPLETE, 43 ON THE HORIZON YOU CAN SEE THE NUMBERS OF MATERIAL THAT HAS BEEN BROUGHT INTO SUPPLEMENT THE VOLUME THAT IS NEEDED I’M GOING TO GO THROUGH A SERIES OF SLIDES OF NEW YORK FIRST DR. BIRX PROVIDES ME WHAT I WOULD CALL A GEOGRAPHIC REFERENCE TO A LIMA SUPPLY CHAIN ALL OF THOSE CITIES, YOU WILL SEE A THEME, I WILL BE TALKING A LOT ABOUT CITIES AND GEOGRAPHIC AREAS I ALIGNED THE SUPPLY CHAIN TO THOSE AREAS TO TRY TO GET AS MUCH THERE WHILE REALIZING THE REST OF THE NATION NEEDS SUPPLIES, AS WELL WE ALIGNED THE SUPPLY CHAIN TO THE SITE OF CARE, PUBLIC HOSPITALS, V.A., PRIVATE HOSPITALS, NURSING HOMES, FIRST RESPONDERS, ACUTE CARE AND ON DOWN THE LINE SO THE LAST BUSINESS WEEK, MONDAY OF LAST WEEK THROUGH FRIDAY, SATURDAY OF THIS PAST WEEK, THESE ARE THE AMOUNTS OF MATERIALS THAT CAME IN TO THE NEW YORK-NEW JERSEY METRO AREA, AND YOU CAN SEE THE LINES THERE IF YOU GO TO DETROIT, WE TALKED ABOUT THEIR HOTSPOT HERE IS THE VOLUME OF DELIVERIES GOING INTO DETROIT FOR THAT SAME TIMEFRAME IF YOU GO TO CHICAGO, I’M GOING TO RUN THIS — RUN THROUGH THIS QUICK BUT YOU CAN SEE THE GEOGRAPHIC LINE, THE PLACES THE DR. BIRX HAS TALKED ABOUT IS WHERE WE ARE CONCENTRATING SUPPLIES IF YOU GO TO NEW ORLEANS, TO GIVE YOU AN UNDERSTANDING, WASHINGTON, D.C., TODAY WAS A VERY EARLY ENTRY INTO, WASHINGTON, D.C., BALTIMORE, POSITIONING SUPPLIES AHEAD OF NEED WE HOPE IN WASHINGTON GO TO BALTIMORE YOU CAN SEE, THE VOLUMES THERE, TRYING TO GET AHEAD OF THAT PHILADELPHIA IS NEXT NOW, THE NEXT SLIDE IS A NINE CITY ROLL UP, SO TO SAVE TIME I DIDN’T INCLUDE BOSTON AND HOUSTON YOU CAN SEE THE VOLUME OF MATERIAL FLOWING THROUGH A COMMERCIAL NETWORK, AIR BRIDGE, AIR SUPPLIES, INTO GEOGRAPHIC REGIONS, THEN FURTHER PRIORITIZED TO THE SITE OF CARE FINAL TOPIC, N-95 MASKS THE DEPARTMENT OF DEFENSE ANNOUNCED A DPA ACTION THIS WEEKEND THAT CAME OVER FROM DOD ON FRIDAY INTO THE WHITE HOUSE AND WAS APPROVED ON SATURDAY, THE CONTRACT AWARDED TODAY, 131 MILLION, 3M, HONEYWELL, AND OTHERS THE CARES ACT WAS SIGNED BEFORE MARCH WAS ENDED, TOWARDS THE END SO ESSENTIALLY, TWO WEEKS FROM THAT MONEY BEING PUT INTO TITLE III AUTHORITY FROM DOD, THIS ACTION TAKES US FROM A BASELINE OF WHAT WAS BEING PRODUCED DOMESTICALLY OF ABOUT 30 MILLION

MASKS UPWARDS TO, AS WE GO THROUGH THE FALL AND INTO THE WINTER, 120 MILLION MASKS DOMESTICALLY SO CURRENTLY WE ARE FILLING SOME OF THAT DEMAND FROM OVERSEAS SOURCES THE ADDITIVE MASKS HERE, THROUGH THIS, WILL RAMP UP, LOWER DEPENDENCE ON OVERSEAS SOURCES AND THAT WILL ESSENTIALLY SECURE A BIG PIECE OF THE SUPPLY CHAIN — FIVE COMPANIES, SIX CITIES LEXINGTON, NORTH CAROLINA SHEBOYGAN FALLS, WISCONSIN AND ABERDEEN, NORTH DAKOTA THEY WILL BE INCREASING PRODUCTION FACILITIES, TO HAVE THAT RAMP UP THANK YOU — VICE PRES. PENCE: THANK YOU, ADMIRAL THIS IS, FOR JUST THE WEEK ENDING APRIL 11 WE HAVE DISTRIBUTED OR DIRECTED THE DISTRIBUTION OF 5.3 MILLION N95 MASKS, FIVE POINT MILLION — 5.1 MILLION GLOVES WE SHARE THAT MOSTLY TO MAKE SURE THAT HEALTH CARE WORKERS KNOW THAT THE RESOURCES ARE FLOWING THESE ARE JUST THE NUMBERS FOR THIS WEEK THEY DO NOT INCLUDE WHAT THE PRESIDENT ANNOUNCED I WAS ABLE TO TELL GOVERNOR TOM WOLF THAT THEY WILL BE RECEIVING 2 MILLION N95 MASKS WITH THAT, WE WILL BE HAPPY TO TAKE A COUPLE OF QUESTIONS >> WOULDN’T IT BE USEFUL, IF YOU ARE GOING THROUGH ALL OF THOSE SUPPLIES, WE TALKED ABOUT FOREIGN PRODUCTS CATCHING UP WOULDN’T IT BE USEFUL IF IT HADN’T TAKEN UNTIL MID-MARCH? >> I CAME UP FROM THE PENTAGON, SO I WILL SPEAK FROM THE 20TH OF MARCH TO NOW YOU WILL SEE MUCH MORE USE OF THAT AS WE GO FORWARD I AM NOT EQUIPPED TO TALK ABOUT OTHER THAN THAT >> I WOULD LIKE TO ASK A QUESTION TO DR. FAUCI HE SAID HE WOULD BE GIVING THE PRESIDENT YOUR RECOMMENDATIONS OF A PLAN YOU ARE COMFORTABLE WITH ARE YOU WILLING TO COME HERE AND TELL THE PUBLIC WHAT YOU HAVE RECOMMENDED TO HIM AND WHETHER HE FOLLOWED THROUGH WITH WHAT YOU RECOMMENDED? DR. FAUCI: WHAT DO YOU MEAN? >> WHEN THE PRESIDENT STANDS UP HERE AND OUTLINES HIS PLAN, ARE YOU WILLING TO STAND UP HERE AFTER HIM AND TELL THE AMERICAN PUBLIC WHAT IT WAS THAT YOU RECOMMENDED THAT HE DO? DR. FAUCI: I HAVE TO THINK ABOUT THAT BECAUSE WHEN YOU HAVE CONVERSATIONS WITH THE PRESIDENT, SOMETIMES THEY SHOULD REALLY BE CONFIDENTIAL I WILL HAVE TO THINK ABOUT THAT I CAN TELL YOU ONE THING, HE WILL LISTEN, BUT I THINK WHAT WILL HAPPEN IS THAT HE WILL GET INPUT FROM A NUMBER OF INDIVIDUALS, REPRESENTING A NUMBER OF S X — NUMBER OF ASPECTS I WILL GIVE HIM ADVICE BASED ON EVIDENCE, MY OBSERVATION OF WHAT THE BEST APPROACH IS >> JUST TO GO BACK TO WHERE WE STARTED TODAY, SOME FRUSTRATION WITH THE REPORTING I AM SURE THAT YOU KNOW THE NEXT PRESIDENT THAT COMES ALONG — HAVING WATCHED THIS UNFOLD, WHAT DO YOU THINK WHERE THE MISTAKES THAT WERE MADE EARLY ON THAT FUTURE PRESIDENTS COULD LEARN FROM?

DR. FAUCI: I DO NOT WANT TO USE THE WORD MISTAKES YOU HAVE TO MAKE DECISIONS AND GET INPUT FROM A NUMBER OF INDIVIDUALS I DO NOT WANT TO HAVE ANYTHING TAKEN OUT OF CONTEXT I WOULD NOT SAY MISTAKE COULD THINGS HAVE BEEN DONE BETTER? OF COURSE NOTHING IS PERFECT AND YOU CAN ALWAYS DO BETTER >> WHAT COULD HAVE BEEN DONE BETTER? DR. FAUCI: I CANNOT COMMENT ON ANYTHING OUTSIDE OF MY FIELD WHAT I THINK BACK ON WAS SOMETHING THAT WAS A VIRUS THAT WAS MUCH WORSE THAN WHAT I THOUGHT IT WOULD BE, BASED ON WHAT WE HAD LEARNED EARLY ON WHEN IT WAS FIRST FELT TO BE SOMETHING THAT JUMPED FROM AN ANIMAL TO A HUMAN IT DID NOT HAVE MUCH CAPABILITY OF GOING HUMAN TO HUMAN AND ALL OF A SUDDEN, YOU FIND OUT NOT ONLY WAS IT ANIMAL TO HUMAN, BUT THERE WAS A LOT OF IT AS YOU GO BACK, HE REALIZED THERE WERE PROBABLY A LOT OF INFECTIONS THAT, IF WE HAD DELVED INTO THAT A LITTLE MORE, WE COULD HAVE LEARNED THAT IT WAS AFFECTING HUMAN TO HUMAN AND IT WAS TRANSMITTING EFFICIENTLY I AM NOT PERFECT MAYBE I SHOULD HAVE TRIED 2002 THAT A LITTLE MORE ABOUT WHAT WAS GOING ON, BUT THE MISSION WAS NOT AS FORTHCOMING AS I WOULD LIKE WHEN YOU FIND OUT YOU ARE DEALING WITH SOME THING THAT IS NOT ONLY YOUR WORST NIGHTMARE A BRAND-NEW VIRUS THAT HAS A HIGH DEGREE OF TRANSMISSIBILITY AND A HIGH DEGREE OF MORTALITY I SHOULD HAVE BEEN ABLE TO REALIZE IT EARLIER IT WAS AN EVOLVING THAT WAS FINALLY REALIZED THIS IS REALLY WORSE THAN WE COULD HAVE IMAGINED >> HE MET WITH ABBOTT LABORATORIES TODAY WHAT DID THEY SAY? DR. FAUCI: — VICE PRES. PENCE: TALK ABOUT HOW TO INCREASE THE NUMBER OF CARTRIDGES WE ARE NOT ONLY RAPIDLY EXPANDING TESTING ACROSS THE COUNTRY YOU HEARD ME AND THE DOCTOR SAYING HE HAD AN ENTIRE TEAM THAT WILL BE WORKING WITH GOVERNORS IN LABORATORIES AROUND THE COUNTRY TO IDENTIFY MACHINES THAT ALREADY EXIST TODAY THAT COULD BE ACTIVATED WE ALSO WENT TO WORK WITH ABBOTT LABORATORIES FOR THE LONGER-TERM BECAUSE IF THE CURRENT TREND LINES HOLD, I HOPE AND I LITERALLY PRAY THAT WE WILL SOON FIND OURSELVES ON THE DOWNSLOPE OF CORONAVIRUS IN THIS COUNTRY THIS EPIDEMIC WILL COME TO AN END, BUT AS WE MAKE DECISIONS IN THE DAYS AHEAD TO REOPEN AMERICA , WITH THE PRESIDENT IS WANTING TO DO IS TO HAVE THE KIND OF SURVEILLANCE TESTING AVAILABLE AROUND THE COUNTRY, SO THAT CDC CAN DO THE IMMEDIATE CONTACT TRACING, SO WE CAN DEPLOY RESOURCES LIKE THE 15 MINUTE TEST WE SPOKE TO GOVERNOR BAKER IN MASSACHUSETTS AND GOVERNOR HOGAN IN MARYLAND WE COMMEND THEM FOR TRYING TO STOP THE SPREAD OF COVID IN NURSING HOMES WE NEED TO MANUFACTURE THOSE DEVICES THAT THEY CAN BE DEPLOYED RAPIDLY CONTINUING TO EXPAND TESTING TODAY AND THE GOVERNOR OF LOUISIANA TOLD ME THEY HAVE TESTED IN THE HIGHEST PER CAPITA THAN ANY OTHERS DATE IN THE UNION MAKING SURE THAT GOING FORWARD, THEY WILL BE INFRASTRUCTURE TESTING TO DEAL WITH THE

CORONAVIRUS, SHOULD IT RETURN IN THE FUTURE LET ME ALL BID YOU ALL A GOOD EVENING AND WE WILL BE BACK TOMORROW >> I HAVE A QUESTION ABOUT THE CARTRIDGES THE FEDERAL GOVERNMENT IS IN CHARGE OF DISTRIBUTING THOSE WHAT IS THE TIMELINE FOR WHEN YOU WILL HAVE THAT DONE? WHAT IS THE TIMELINE THAT YOU ARE WORKING WITH? VICE PRES. PENCE: LET ME LET DR BIRX ADDRESS THAT WE PURCHASED ABBOTT LABORATORIES MACHINES THROUGHOUT THE COUNTRY FEMA ACQUIRED A CERTAIN AMOUNT THAT WE ARE IMMEDIATELY DISTRIBUTING ACROSS THE STATES NOW THEY ARE PRODUCING AROUND 50,000 PER DAY WE WILL ALSO BE WORKING WITH THEM TO DEPLOY THOSE RESOURCES WE ARE WORKING WITH THOSE MANUFACTURERS TO INCREASE THE PRODUCTION OF CARTRIDGES >> THAT WAS PERFECTLY SAID BRING IT I JUST WANT TO MAKE SURE THAT PEOPLE UNDERSTAND ONE THIRD OF THEM WENT SPECIFICALLY TO INDIAN HEALTH SERVICE AND THESE STATES THAT HAVE SMALLER EPIDEMICS MOSTLY TARGETED TO THE PLACES WHERE THERE IS HIGH DISEASE ONLY TWO THIRDS WENT THAT WAY, SO THAT PEOPLE COULD PURCHASE THEM DIRECTLY ONE THIRD WENT TO THE SMALLER STATES THAT REALLY NEED THESE WE ARE TRYING TO BALANCE THE ENTIRE TESTING FRAMEWORK, MEDIUM, LOW AND THROUGHPUT MACHINES TO GET EVERYONE THE MAXIMUM STABILITY, STATE-BY-STATE, BASED ON WHAT NEEDS ARE AT THE MOMENT IF THERE IS AN OUTBREAK AND YOU NEED TO DO 5000 TESTS, HE WILL DO IT ON THE HIGH THROUGHPUT MACHINE WE WANT TO MAKE SURE EVERYONE KNOWS WHAT EVERYTHING IS WE CANNOT — EVERYTHING HAS TO BE ON THE TABLE FOR US TO BE ABLE TO DRAMATICALLY INCREASE TESTING WE WENT UP BY A LOT IN THREE WEEKS IT WILL BE — IT WILL NEED TO BE GETTING EVERY PIECE OF EQUIPMENT ON VICE PRES. PENCE: THANK YOU ALL FOR YOUR TIME AND ATTENTION WE JUST WANT TO ENCOURAGE YOU WE WILL NEED THE EFFORT TO EXPAND TESTING ACROSS THE COUNTRY AND PROVIDE SUPPLIES TO OUR HEALTH CARE WORKERS MY LAST WORD, ON BEHALF OF THE PRESIDENT AND OUR ENTIRE TASK FORCE, 30 DAYS TO SLOW THE SPREAD WE ARE ALMOST AT THE HALFWAY POINT I KNOW IT HAS BEEN A MONTH OF MITIGATION STRATEGIES, BUT I HOPE THAT AS YOU LOOK ON AND SEE THE PROGRESS WE HAVE MADE, THE BEGINNINGS OF WHEEL PROGRESS IN LOUISIANA, DETROIT AND ELSEWHERE I HOPE IT WILL STEAL YOUR RESOLVE TO CONTINUE TO DO YOUR PART TO SLOW THE SPREAD BECAUSE WE WILL GET THROUGH THIS, BUT IT WILL TAKE ALL OF US TO CONTINUE TO DO IT THANK YOU TO THE AMERICAN PEOPLE FOR ALL OF YOUR EFFORT SEE YOU TOMORROW >> C-SPAN HAS ROUND-THE-CLOCK COVERAGE TO THE RESPONSE TO THE CORONAVIRUS PANDEMIC IT IS ALL AVAILABLE ON DEMAND WATCH WHITE HOUSE BRIEFINGS, UPDATES FROM GOVERNORS AND STATE OFFICIALS TRACK THE SPREAD WITH INTERACTIVE MAPS

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